Flexible Solutions Earnings Miss Estimates in Q3, Revenues Up Y/Y

Zacks11-19

Flexible Solutions International Inc. FSI reported earnings of 5 cents per share for third-quarter 2024. This compares favorably with a loss of 6 cents per share in the year-ago quarter. The figure ...

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The figure ...</p>\n\n<a href=\"https://finance.yahoo.com/news/flexible-solutions-earnings-miss-estimates-200000077.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flexible Solutions Earnings Miss Estimates in Q3, Revenues Up Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlexible Solutions Earnings Miss Estimates in Q3, Revenues Up Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 04:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/flexible-solutions-earnings-miss-estimates-200000077.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Flexible Solutions International Inc. FSI reported earnings of 5 cents per share for third-quarter 2024. This compares favorably with a loss of 6 cents per share in the year-ago quarter. The figure ...</p>\n\n<a href=\"https://finance.yahoo.com/news/flexible-solutions-earnings-miss-estimates-200000077.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CC","symbol_name":"Chemours Company","start_time":0,"source_url":"https://finance.yahoo.com/news/flexible-solutions-earnings-miss-estimates-200000077.html","article_id":"2484845709","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ShfhwtDyA2WzDBKdAL7M8Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6f2cab89bf2cbad1966358e04258e202"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484845709","pubTimestamp":1731960000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Flexible Solutions International Inc. FSI reported earnings of 5 cents per share for third-quarter 2024. This compares favorably with a loss of 6 cents per share in the year-ago quarter. The figure missed the Zacks Consensus Estimate of 6 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.FSI registered revenues of around $9.3 million for the quarter, up roughly 7% year over year.Flexible Solutions International Inc. Price, Consensus and EPS Surprise. Flexible Solutions International Inc. price-consensus-eps-surprise-chart | Flexible Solutions International Inc. Quote. Sales from FSI’s Energy and Water Conservation products for the reported quarter climbed roughly 102% year over year to around $0.3 million. Sales were driven by higher customer orders.Sales of Biodegradable Polymers increased roughly 5% year over year to around $9 million in the quarter on increased customer orders.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CC":"Chemours Company","FSI":"Flexible Solutions International","DD":"杜邦"},"translate_title":"灵活解决方案第三季度盈利未达预期，收入同比增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSI":1,"CC":0.9,"DD":0.9},"content_text":"Flexible Solutions International Inc. FSI reported earnings of 5 cents per share for third-quarter 2024. This compares favorably with a loss of 6 cents per share in the year-ago quarter. The figure missed the Zacks Consensus Estimate of 6 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.FSI registered revenues of around $9.3 million for the quarter, up roughly 7% year over year.\n\nFlexible Solutions International Inc. Price, Consensus and EPS Surprise\n\nFlexible Solutions International Inc. price-consensus-eps-surprise-chart | Flexible Solutions International Inc. Quote\n\nFSI’s Segment Highlights\nSales from FSI’s Energy and Water Conservation products for the reported quarter climbed roughly 102% year over year to around $0.3 million. Sales were driven by higher customer orders.Sales of Biodegradable Polymers increased roughly 5% year over year to around $9 million in the quarter on increased customer orders.\nFSI’s Financials\nFlexible Solutions ended the quarter with cash of roughly $10.6 million, up around 56% from the prior quarter. Long-term debt was roughly $7.05 million, up around 16% sequentially.\nFlexible Solutions’ Outlook\nFlexible Solutions said it advanced its new food product opportunities and improved its existing business in the third quarter and expects to announce some success soon. It expects to see a strong upside in profits for both existing and new businesses in 2025. FSI also noted that new opportunities continue to unfold in applications such as detergent, food, oil field extraction, turf, ornamental and agricultural to further boost sales in the NanoChem division and the ENP subsidiary, which continue to be the dominant sources of its revenues and cash flow. Flexible Solutions also expects its cash resources to be adequate to meet its cash flow requirements and future commitments.\nFSI Stock’s Price Performance\nShares of Flexible Solutions have rallied 126.5% over a year against the Zacks Chemicals Specialty industry’s 8.9% decline.\nImage Source: Zacks Investment Research\nFSI’s Zacks Rank & Other Chemicals Releases\nFSI currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.DuPont de Nemours, Inc. DD logged adjusted earnings of $1.18 per share in the third quarter, topping the Zacks Consensus Estimate of $1.04. DD raised its full-year 2024 projections for operating EBITDA and adjusted earnings per share. The Chemours Company CC recorded adjusted earnings of 40 cents for the third quarter, topping the Zacks Consensus Estimate of 32 cents. CC expects consolidated net sales to decline in the mid to high-single digits sequentially in the fourth quarter. Consolidated adjusted EBITDA is forecast to be down in the high teens to low 20% range compared with third-quarter 2024 results. PPG Industries, Inc. PPG logged third-quarter adjusted earnings per share of $2.13, missing the Zacks Consensus Estimate of $2.15. PPG anticipates flat organic sales and adjusted earnings per share at the bottom end of the $8.15 to $8.30 range for full-year 2024.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nPPG Industries, Inc. (PPG) : Free Stock Analysis Report\nDuPont de Nemours, Inc. (DD) : Free Stock Analysis Report\nFlexible Solutions International Inc. (FSI) : Free Stock Analysis Report\nThe Chemours Company (CC) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484845709"}