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

American Woodmark

27/08/2024 13:20

* American Woodmark Corp  AMWD.OQ  reported quarterly
adjusted
earnings of $1.89​​ per share for the quarter ended in July,
lower than the same quarter last year, when the company reported
EPS of $2.78.  The mean expectation of five analysts for the
quarter was for earnings of $2.37 per share. Wall Street
expected results to range from $2.19  to $2.69 per share.
    * Revenue fell 7.9% to $459.13 million from a year ago;
analysts
expected $475.37 million. 
    * American Woodmark Corp's reported EPS for the quarter was
$1.89​.
    * The company reported quarterly net income of $29.63
million.
    * American Woodmark Corp shares had risen by 27.0% this
quarter and gained 7.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for American Woodmark
Corp is $100.00 
This summary was machine generated from LSEG data August 27 at
12:20 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
 Jul. 31 2024      2.37           1.89           Missed
 Apr. 30 2024      1.78           1.70           Missed
 Jan. 31 2024      1.28           1.66           Beat
 Oct. 31 2023      2.08           2.36           Beat