Flagstar Financial (NYSE:FLG) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.02 by 185.71 percent. This is a 115 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $557.000 million which beat the analyst consensus estimate of $479.992 million by 16.04 percent. This is a 10.88 percent decrease over sales of $625.000 million the same period last year.