Analysts expect that Flow International Corp (NASDAQ:FLOW) will post earnings per share (EPS) of $0.48 for the current quarter, according to Zacks. Three analysts have provided 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 during the same quarter last year, which suggests a positive year over year growth rate of 4.3%. The business is expected to report its next quarterly earnings report 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 expect that the company will post earnings of $2.31 per share, with EPS estimates ranging from $2.18 to $2.44. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Flow International.

Flow International (NASDAQ:FLOW) last announced its earnings results on Wednesday, November 1st. The company reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.03). The company had revenue of $491.10 million during the quarter, compared to the consensus estimate of $493.53 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year.

A number of equities analysts recently commented on the company. BidaskClub raised Flow International from a “hold” rating to a “buy” rating in a report on Thursday, September 21st. Zacks Investment Research cut Flow International from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 target price on shares of Flow International in a report on Wednesday, October 4th. Finally, Stifel Nicolaus raised their target price on Flow International from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Monday, October 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $43.86.

Hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. increased its stake in Flow International by 23.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 25,896 shares of the company’s stock worth $998,000 after buying an additional 4,976 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in Flow International in the 3rd quarter worth $319,000. Thompson Investment Management Inc. increased its stake in Flow International by 17.0% in the 3rd quarter. Thompson Investment Management Inc. now owns 21,640 shares of the company’s stock worth $834,000 after buying an additional 3,150 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Flow International in the 2nd quarter worth $337,000. Finally, SG Americas Securities LLC purchased a new stake in Flow International in the 3rd quarter worth $226,000.

Shares of Flow International (FLOW) remained flat at $$4.04 during trading on Friday. The company has a market capitalization of $198.17 and a price-to-earnings ratio of 101.00.

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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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