

Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Flux Power Holdings, Inc. Shares have added about 44.8% since the beginning of the year versus the S&P 500's gain of 7.3%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.įlux Power Holdings, Inc. The company has topped consensus revenue estimates four times over the last four quarters. This compares to year-ago revenues of $7.69 million. , which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $17.16 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 2.56%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.įlux Power Holdings, Inc. These figures are adjusted for non-recurring items.Ī quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.13, delivering a surprise of -8.33%. This compares to loss of $0.32 per share a year ago. (FLUX) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. No cash balance or cash flow is included in the calculation.Flux Power Holdings, Inc.

Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented.

General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
