FLIR Systems (FLIR) to Release Earnings on Tuesday

FLIR Systems (NASDAQ:FLIR) will be posting its quarterly earnings results before the market opens on Tuesday, April 24th. Analysts expect FLIR Systems to post earnings of $0.44 per share for the quarter. FLIR Systems has set its FY18 guidance at $2.05-2.10 EPS.

FLIR Systems (NASDAQ:FLIR) last announced its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.03. FLIR Systems had a return on equity of 14.54% and a net margin of 5.96%. The firm had revenue of $494.80 million for the quarter, compared to analyst estimates of $501.44 million. During the same period last year, the firm posted $0.48 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, analysts expect FLIR Systems to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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Shares of FLIR stock opened at $52.16 on Tuesday. FLIR Systems has a 12 month low of $33.95 and a 12 month high of $52.88. The stock has a market cap of $7,136.31, a PE ratio of 27.74 and a beta of 0.68. The company has a current ratio of 3.51, a quick ratio of 2.57 and a debt-to-equity ratio of 0.23.

A number of analysts have recently commented on the company. Zacks Investment Research lowered FLIR Systems from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Needham & Company LLC lifted their price target on FLIR Systems from $50.00 to $56.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Imperial Capital lifted their price target on FLIR Systems from $38.00 to $53.00 and gave the company an “in-line” rating in a research note on Thursday, March 22nd. BidaskClub raised FLIR Systems from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 4th. Finally, SunTrust Banks raised FLIR Systems from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research note on Monday, January 8th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $51.86.

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About FLIR Systems

FLIR Systems, Inc designs, develops, manufactures, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, Security, OEM & Emerging Markets, Maritime, and Detection.

Earnings History for FLIR Systems (NASDAQ:FLIR)

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