Zacks: Brokerages Expect Flow International Corp (FLOW) to Announce $0.61 EPS

Equities research analysts expect Flow International Corp (NASDAQ:FLOW) to announce $0.61 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Flow International’s earnings, with estimates ranging from $0.59 to $0.62. Flow International reported earnings of $0.52 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 17.3%. The company is expected to report its next quarterly earnings report on Tuesday, February 5th.

On average, analysts expect that Flow International will report full year earnings of $2.27 per share for the current fiscal year, with EPS estimates ranging from $2.25 to $2.29. For the next 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 EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Flow International.

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

NASDAQ FLOW traded down $0.39 on Friday, hitting $33.83. 1,882 shares of the stock traded hands, compared to its average volume of 250,356. Flow International has a 12 month low of $33.01 and a 12 month high of $54.92.

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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