![]() There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Flux Power Holdings, Inc. Shares have not added anything since the beginning of the year versus the S&P 500's gain of 7.8%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.įlux Power Holdings, Inc. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $13.18 million. , which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $15.09 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 5.94%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.įlux Power Holdings, Inc. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.10, delivering no surprise. This quarterly report represents an earnings surprise of 10%. These figures are adjusted for non-recurring items. This compares to loss of $0.23 per share a year ago. ![]() ( FLUX Quick Quote FLUX - Free Report) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.10. To read this article on click here.Flux Power Holdings, Inc. ![]() Click to get this free reportįlux Power Holdings, Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. SecureWorks' revenues are expected to be $97.47 million, down 19.5% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This information security services provider is expected to post quarterly loss of $0.15 per share in its upcoming report, which represents a year-over-year change of -66.7%. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Īnother stock from the broader Zacks Computer and Technology sector, SecureWorks (SCWX), has yet to report results for the quarter ended April 2023. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Products is currently in the bottom 26% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. ![]() ![]() (FLUX) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.10. ![]()
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