Equities research analysts expect Flow International Corp (NASDAQ:FLOW) to post earnings of $0.48 per share for the current quarter, Zacks reports. Three analysts have made estimates for Flow International’s earnings, with the highest EPS estimate coming in at $0.51 and the lowest estimate coming in at $0.45. Flow International reported earnings of $0.46 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 4.3%. The business is expected to announce its next earnings results on Wednesday, February 14th.
According to Zacks, analysts expect that Flow International will report full-year earnings of $1.23 per share for the current financial year, with EPS estimates ranging from $1.20 to $1.25. For the next financial year, analysts forecast that the firm will report earnings of $2.31 per share, with EPS estimates ranging from $2.18 to $2.44. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Flow International.
Flow International (NASDAQ:FLOW) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.03). The firm had revenue of $491.10 million during the quarter, compared to the consensus estimate of $493.53 million. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 earnings per share.
Flow International (NASDAQ FLOW) traded up $0.06 during mid-day trading on Monday, hitting $46.03. The stock had a trading volume of 238,135 shares.
Several institutional investors have recently bought and sold shares of FLOW. Piedmont Investment Advisors LLC purchased a new stake in shares of Flow International during the 2nd quarter valued at $337,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Flow International during the 3rd quarter valued at $319,000. SG Americas Securities LLC purchased a new stake in shares of Flow International during the 3rd quarter valued at $226,000. Rhumbline Advisers raised its position in shares of Flow International by 6.9% during the 2nd quarter. Rhumbline Advisers now owns 83,182 shares of the company’s stock valued at $3,068,000 after buying an additional 5,370 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Flow International by 23.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 25,896 shares of the company’s stock valued at $998,000 after buying an additional 4,976 shares in the last quarter.
Flow International Company Profile
SPX FLOW, Inc provides various engineered solutions worldwide. The company engineers, designs, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, including turn-key systems, modular systems, and components, as well as aftermarket components and support services.
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