Wall Street brokerages predict that Flow International Corp (NASDAQ:FLOW) will report sales of $510.74 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Flow International Corp’s earnings, with the lowest sales estimate coming in at $506.60 million and the highest estimate coming in at $515.30 million. Flow International Corp reported sales of $495.40 million in the same quarter last year, which indicates a positive year over year growth rate of 3.1%. The company 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 sales of $510.74 million for the current fiscal year, with estimates ranging from $1.93 billion to $1.94 billion. For the next financial year, analysts expect that the business will report sales of $2.04 billion per share, with estimates ranging from $2.01 billion to $2.07 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Flow International Corp.

Flow International Corp (NASDAQ:FLOW) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.03). The firm had revenue of $491.10 million for the quarter, compared to the consensus estimate of $493.53 million. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the business posted $0.34 earnings per share.

Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Flow International Corp from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $55.00 price objective on shares of Flow International Corp in a research report on Tuesday, October 17th. BidaskClub raised shares of Flow International Corp from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 13th. Robert W. Baird reaffirmed a “buy” rating and set a $50.00 price objective on shares of Flow International Corp in a research report on Wednesday, October 4th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $38.00 price objective on shares of Flow International Corp in a research report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Flow International Corp currently has an average rating of “Buy” and a consensus price target of $43.86.

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in shares of Flow International Corp in the 3rd quarter worth $226,000. Crossmark Global Holdings Inc. bought a new position in shares of Flow International Corp in the 3rd quarter worth $319,000. Piedmont Investment Advisors LLC bought a new position in shares of Flow International Corp in the 2nd quarter worth $337,000. Thompson Investment Management Inc. lifted its holdings in shares of Flow International Corp 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 purchasing an additional 3,150 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Flow International Corp 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 purchasing an additional 4,976 shares in the last quarter.

Shares of Flow International Corp (NASDAQ FLOW) opened at $41.99 on Friday.

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

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