Azek Company Inc reports results for the quarter ended in June - Earnings Summary

Azek

08/08/2023 23:06

* Azek Company Inc  AZEK.N  reported quarterly adjusted
earnings
of 30 cents​​ per share for the quarter ended in June. The mean
expectation of twenty one analysts for the quarter was
for earnings of 25 cents per share.
    * Revenue fell 1.9% to $387.55 million from a year ago;
analysts
expected $372.55 million. 
    * Azek Company Inc's reported EPS for the quarter was 23
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Azek Company Inc shares had risen by 4.1% this quarter and
gained 55.1% so far this year.
    * The company reported quarterly net income of $34.88
million.
    * Wall Street's median 12-month price target for Azek
Company Inc
is $32.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.25           0.30           Beat
 Mar. 31 2023      0.13           0.18           Beat
 Dec. 31 2022      -0.10          -0.09          Beat
 Sep. 30 2022      0.17           0.16           Missed