American Woodmark Corp reports results for the quarter ended in January - Earnings Summary

American Woodmark

29/02/2024 22:42

* American Woodmark Corp  AMWD.OQ  reported quarterly
adjusted
earnings of $1.66​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of $1.46.  The mean expectation of seven analysts
for the quarter was for earnings of $1.28 per share. Wall Street
expected results to range from $1.12  to $1.47 per share.
    * Revenue fell 12.2% to $422.10 million from a year ago;
analysts
expected $393.92 million. 
    * American Woodmark Corp's reported EPS for the quarter was
$1.32​.
    * The company reported quarterly net income of $21.23
million.
    * American Woodmark Corp shares had risen by 8.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for American Woodmark
Corp is $91.00 
This summary was machine generated from LSEG data February 29 at
10:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      1.28           1.66           Beat
 Oct. 31 2023      2.08           2.36           Beat
 Jul. 31 2023      2.30           2.78           Beat
 Apr. 30 2023      1.53           2.21           Beat