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

Jeld-Wen Holding

07/05/2024 06:40

* JELD-WEN Holding Inc  JELD.N  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 35 cents.  The mean expectation of thirteen analysts for
the quarter was for earnings of 18 cents per share. Wall Street
expected results to range from 11 cents to 35 cents per share.
    * Revenue fell 21.6% to $959.10 million from a year ago;
analysts
expected $964.55 million. 
    * JELD-WEN Holding Inc's reported EPS for the quarter was a
loss
of 32 cents​.
    * The company reported a quarterly loss of $27.7 million.
    * JELD-WEN Holding Inc shares had fallen by 10.3% this
quarter and
gained 0.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 $20.00 
This summary was machine generated from LSEG data May 7 at 05:40
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
 Mar. 31 2024      0.18           0.21           Beat
 Dec. 31 2023      0.27           0.37           Beat
 Sep. 30 2023      0.34           0.53           Beat
 Jun. 30 2023      0.33           0.44           Beat