Azek Company Inc expected to post earnings of 5 cents a share - Earnings Preview

Azek

02/02/2024 23:27

* Azek Company Inc  AZEK.N   AZEK.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 6 for the
period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
7.7% increase in revenue to $233.011 million from $216.26
million a year ago, according to the mean estimate from 19
analysts, based on LSEG data.The company's guidance on November
28 2023, for the period ended December 31, was for revenue
between $230.00 million and $236.00 million.
    * ​LSEG's mean analyst estimate for Azek Company Inc is for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 3
"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 $41.00​, above​ its last closing price of $40.65. ​​​

The company's guidance on November 28 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD230 million and
USD48 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  
 Sep. 30 2023  0.30        0.29       0.36      Beat    24.1
 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.        0.16        0.17       0.16      Missed  -5.8
 30 2022                                                
 Jun. 30 2022  0.25        0.25       0.29      Beat    14.6​
 Mar. 31 2022  0.30        0.30       0.33      Beat    10
 Dec. 31 2021  0.17        0.16       0.18      Beat    10.9
 This summary was machine generated February 2 at 23:27 GMT.  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)