Azek Company Inc expected to post earnings of 25  cents a share - Earnings Preview

Azek

05/08/2023 03:04

* Azek Company Inc  AZEK.N   AZEK.K  is expected to show a
fall in
quarterly revenue when it reports  results on August 8. 
    * The Chicago Illinois-based  company is expected to report 
a
5.7% decrease in revenue to $372.548 million from $394.99
million a year ago, according to the mean estimate from 20
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$358.00 million and $378.00 million.
    * ​Refinitiv's mean analyst estimate for Azek Company Inc is
for
earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Azek
Company Inc
is $32​, above​ its last closing price of $31.20. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD358 million and USD89 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.14        0.13       0.18      Beat    39.1
 Dec. 31 2023  -0.10       -0.10      -0.09     Beat    13.6
 Sep. 30 2022  0.16        0.17       0.16      Missed  -5.8​
 Jun. 30 2022  0.25        0.25       0.29      Beat    14.6
 ​​Mar.        0.30        0.30       0.33      Beat    10
 31 2022                                                
 Dec. 31 2021  0.17        0.16       0.18      Beat    10.9​
 Sep. 30 2021  0.28        0.28       0.32      Beat    13.8
 Jun. 30 2021  0.23        0.23       0.26      Beat    14.5
 This summary was machine generated August 5 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated