Wall Street brokerages expect Flow International Corp (NASDAQ:FLOW) to announce $0.37 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Flow International’s earnings, with the highest EPS estimate coming in at $0.39 and the lowest estimate coming in at $0.35. Flow International reported earnings of ($0.01) per share during the same quarter last year, which would indicate a positive year over year growth rate of 3,800%. The firm is expected to announce its next quarterly earnings report before the market opens on Wednesday, May 2nd.
According to Zacks, analysts expect that Flow International will report full-year earnings of $2.47 per share for the current year, with EPS estimates ranging from $2.40 to $2.50. For the next year, analysts expect that the firm will report earnings of $3.07 per share, with EPS estimates ranging from $2.99 to $3.16. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Flow International.
Flow International (NASDAQ:FLOW) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $529.20 million during the quarter, compared to the consensus estimate of $511.67 million.
Shares of NASDAQ:FLOW opened at $49.55 on Monday. Flow International has a fifty-two week low of $31.10 and a fifty-two week high of $54.92.
An institutional investor recently bought a new position in Flow International stock. SG Americas Securities LLC acquired a new position in Flow International Corp (NASDAQ:FLOW) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,853 shares of the company’s stock, valued at approximately $226,000.
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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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