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

Azek

05/05/2023 01:44

* Azek Company Inc  AZEK.N  reported quarterly adjusted
earnings
of 18 cents​​ per share for the quarter ended in March. The mean
expectation of twenty one analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue fell 4.7% to $377.69 million from a year ago;
analysts
expected $353.79 million. 
    * Azek Company Inc's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Azek Company Inc shares had risen by 15.3% this
quarter and
gained 33.6% so far this year.
    * The company reported quarterly net income of $16.27
million.
    * Wall Street's median 12-month price target for Azek
Company Inc
is $30.00 
    * 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 May
5 at 12:44 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.13           0.18           Beat
 Dec. 31 2022      -0.10          -0.09          Beat
 Sep. 30 2022      0.17           0.16           Missed
 Jun. 30 2022      0.25           0.29           Beat