Wall Street brokerages forecast that Flow International Corp (NASDAQ:FLOW) will announce earnings per share (EPS) of $0.49 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Flow International Corp’s earnings, with the lowest EPS estimate coming in at $0.45 and the highest estimate coming in at $0.51. Flow International Corp reported earnings of $0.46 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.5%. The business is scheduled to report its next quarterly earnings results on Wednesday, February 14th.

On average, analysts expect that Flow International Corp will report full-year earnings of $1.23 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.25. For the next fiscal year, analysts anticipate that the business will post earnings of $2.31 per share, with EPS estimates ranging from $2.18 to $2.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Flow International Corp.

Flow International Corp (NASDAQ:FLOW) last announced its earnings results on Wednesday, November 1st. The company reported $0.42 EPS for the quarter, missing the 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 last year, the firm posted $0.34 EPS. Flow International Corp’s quarterly revenue was up 5.2% compared to the same quarter last year.

Several equities research analysts recently commented on FLOW shares. Stifel Nicolaus restated a “buy” rating and set a $47.00 target price on shares of Flow International Corp in a research report on Sunday, September 3rd. Zacks Investment Research upgraded Flow International Corp from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. BidaskClub raised Flow International Corp from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 13th. UBS Group AG raised Flow International Corp from a “neutral” rating to a “positive” rating in a research note on Tuesday, August 8th. Finally, Susquehanna Bancshares Inc raised Flow International Corp from a “neutral” rating to a “positive” rating and upped their price target for the stock from $41.00 to $42.00 in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $43.86.

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Shares of Flow International Corp (NASDAQ FLOW) traded up $0.51 during trading on Thursday, hitting $42.47. The company had a trading volume of 148,501 shares.

A number of hedge funds have recently bought and sold shares of the stock. Aperio Group LLC raised its stake in Flow International Corp by 1.7% during the 2nd quarter. Aperio Group LLC now owns 61,227 shares of the company’s stock worth $2,258,000 after buying an additional 996 shares during the period. Rhumbline Advisers raised its stake in Flow International Corp by 2.1% during the 3rd quarter. Rhumbline Advisers now owns 84,917 shares of the company’s stock worth $3,274,000 after buying an additional 1,735 shares during the period. Thompson Investment Management Inc. raised its stake in Flow International Corp by 17.0% during 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 during the period. Russell Investments Group Ltd. raised its stake in shares of Flow International Corp by 23.8% in the third quarter. Russell Investments Group Ltd. now owns 25,896 shares of the company’s stock worth $998,000 after purchasing an additional 4,976 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Flow International Corp in the third quarter worth approximately $226,000.

About Flow International Corp

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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Earnings History and Estimates for Flow International Corp (NASDAQ:FLOW)

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