Jeld: WEN Holding Inc reports results for the quarter ended in January 1 - Earnings Summary

Jeld-Wen Holding

05/11/2024 07:48

* JELD-WEN Holding Inc  JELD.N  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended January
1, lower than the same quarter last year, when the company
reported EPS of 53 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of 40 cents per
share. Wall Street expected results to range from 29 cents to 47
cents per share.
    * Revenue fell 13.2% to $934.70 million from a year ago;
analysts
expected $990.75 million. 
    * JELD-WEN Holding Inc's reported EPS for the quarter was a
loss
of 88 cents​.
    * The company reported a quarterly loss of $74.4 million.
    * JELD-WEN Holding Inc shares had fallen by 10.6% this
quarter and
lost 25.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for JELD-WEN Holding
Inc is $16.50 
This summary was machine generated from LSEG data November 5 at
07:48 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.40           0.32           Missed
 Jun. 30 2024      0.28           0.34           Beat
 Mar. 31 2024      0.18           0.21           Beat
 Dec. 31 2023      0.27           0.37           Beat