Brief: Jeld-Wen Reports Fourth Quarter Results And Establishes 2023 Guidance

Jeld-Wen Holding

21/02/2023 11:58

Feb 21 (Reuters) - Jeld-Wen Holding Inc  JELD.N :
    * JELD-WEN REPORTS FOURTH QUARTER RESULTS AND ESTABLISHES
2023
GUIDANCE
    * Q4 REVENUE ROSE 3.5 PERCENT TO $1.331 BILLION
    * Q4 EARNINGS PER SHARE $0.40
    * Q4 ADJUSTED EARNINGS PER SHARE $0.47
    * Q4 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $1.22
BILLION --
REFINITIV IBES DATA
    * SEES FY NET REVENUE OF $4.5 BILLION TO $4.9 BILLION
    * SEES FY ADJUSTED EBITDA IN A RANGE OF $360 MILLION TO $400
MILLION
    * FY CORE REVENUES ARE FORECASTED TO BE DOWN 4-8% AS
CARRY-FORWARD
PRICE REALIZATION PARTIALLY OFFSETS LOWER MARKET DEMAND
    * FY CAPITAL EXPENDITURES ARE FORECASTED TO BE SLIGHTLY
HIGHER
YEAR-OVER-YEAR
    * FY2023 REVENUE VIEW $4.67 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn63QHhla 
Further company coverage:  JELD.N 
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