Azek Company Inc expected to post earnings of 29 cents a share - Earnings Preview

Azek

24/11/2023 21:17

* Azek Company Inc  AZEK.N   AZEK.K  is expected to show a
rise in
quarterly revenue when it reports  results on November 28 for
the period ending June 30 2023
    * The Chicago Illinois-based  company is expected to report
a
21.1% increase in revenue to $368.824 million from $304.63
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data.The company's guidance on August 8
2023, for the period ended September 30, was for revenue between
$356.00 million and $376.00 million.
    * ​LSEG's mean analyst estimate for Azek Company Inc is for
earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"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 $37.00​, above​ its last closing price of $31.34. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD356 million and
USD95 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  0.26        0.25       0.30      Beat    19.2
 Mar. 31 2023  0.14        0.13       0.18      Beat    39.1
 Dec. 31 2022  -0.10       -0.10      -0.09     Beat    13.6​
 Sep. 30 2022  0.16        0.17       0.16      Missed  -5.8
 ​​Jun.        0.25        0.25       0.29      Beat    14.6
 30 2022                                                
 Mar. 31 2022  0.30        0.30       0.33      Beat    10​
 Dec. 31 2021  0.17        0.16       0.18      Beat    10.9
 Sep. 30 2021  0.28        0.28       0.32      Beat    13.8
 This summary was machine generated November 24 at 21:17 GMT. 
All figures in US dollars unless otherwise stated