Flow International Corp (FLOW) Expected to Announce Earnings of $0.61 Per Share

Analysts expect Flow International Corp (NASDAQ:FLOW) to announce $0.61 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Flow International’s earnings, with estimates ranging from $0.59 to $0.62. Flow International reported earnings of $0.52 per share during the same quarter last year, which would indicate a positive year over year growth rate of 17.3%. The firm is expected to issue its next earnings results on Tuesday, February 5th.

On average, analysts expect that Flow International will report full-year earnings of $2.27 per share for the current year, with EPS estimates ranging from $2.25 to $2.29. For the next fiscal year, analysts forecast that the company will post earnings of $3.00 per share, with EPS estimates ranging from $2.87 to $3.15. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow Flow International.

Flow International (NASDAQ:FLOW) last issued its earnings results on Tuesday, October 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The company had revenue of $530.30 million during the quarter, compared to analyst estimates of $524.32 million.

Shares of FLOW traded down $1.09 during midday trading on Friday, reaching $33.13. The company had a trading volume of 171,554 shares, compared to its average volume of 250,022. Flow International has a 1-year low of $32.87 and a 1-year high of $54.92.

About Flow International

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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