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

Jeld-Wen Holding

05/08/2024 23:43

* JELD-WEN Holding Inc  JELD.N  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 44 cents.  The mean expectation of thirteen analysts for
the quarter was for earnings of 28 cents per share. Wall Street
expected results to range from 17 cents to 46 cents per share.
    * Revenue fell 12.4% to $986.00 million from a year ago;
analysts
expected $1.00 billion. 
    * JELD-WEN Holding Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The company reported a quarterly loss of $18.5 million.
    * JELD-WEN Holding Inc shares had risen by 13.9% this
quarter and
lost 18.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 40.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"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 $16.00 
This summary was machine generated from LSEG data August 5 at
10:43 p.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
 Jun. 30 2024      0.28           0.34           Beat
 Mar. 31 2024      0.18           0.21           Beat
 Dec. 31 2023      0.27           0.37           Beat
 Sep. 30 2023      0.34           0.53           Beat