Wall Street brokerages expect Flow International Corp (NASDAQ:FLOW) to announce $0.49 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made 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 would indicate a positive year over year growth rate of 6.5%. The firm is expected to announce 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 year, with EPS estimates ranging from $1.20 to $1.25. For the next year, analysts expect that the firm will report earnings of $2.31 per share, with EPS estimates ranging from $2.18 to $2.45. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Flow International.

Flow International (NASDAQ:FLOW) last released its quarterly 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 firm 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. Flow International’s revenue for the quarter was up 5.2% compared to the same quarter last year.

A number of brokerages recently issued reports on FLOW. Zacks Investment Research lowered Flow International from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. Stifel Nicolaus reissued a “buy” rating and issued a $55.00 target price on shares of Flow International in a research report on Tuesday, October 17th. BidaskClub raised Flow International from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 13th. Robert W. Baird restated a “buy” rating and issued a $50.00 price target on shares of Flow International in a research note on Wednesday, October 4th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $38.00 price target on shares of Flow International in a research note on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Flow International presently has an average rating of “Buy” and an average price target of $43.86.

A number of hedge funds have recently bought and sold shares of the business. Rhumbline Advisers grew its stake in Flow International by 2.1% in the third quarter. Rhumbline Advisers now owns 84,917 shares of the company’s stock valued at $3,274,000 after purchasing an additional 1,735 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Flow International by 23.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 25,896 shares of the company’s stock worth $998,000 after acquiring an additional 4,976 shares during the period. Thompson Investment Management Inc. boosted its stake in shares of Flow International 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 acquiring an additional 3,150 shares during the period. Piedmont Investment Advisors LLC bought a new position in shares of Flow International during the 2nd quarter worth approximately $337,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Flow International during the 3rd quarter worth approximately $319,000.

Shares of Flow International (NASDAQ:FLOW) traded up $0.09 during trading on Monday, reaching $45.99. The company had a trading volume of 440,477 shares.

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

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