JELD-WEN Holding Inc JELD.N reported a quarterly adjusted loss of 4 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of ten analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -14 cents to 14 cents per share.
Revenue fell 16.5% to $823.70 million from a year ago; analysts expected $808.93 million.
JELD-WEN Holding Inc's reported EPS for the quarter was a loss of 25 cents.
The company reported a quarterly loss of $21.5 million.
JELD-WEN Holding Inc shares had risen by 13.3% this quarter and lost 45.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 272.8% 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 no "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for JELD-WEN Holding Inc is $4.06, about 14.3% below its last closing price of $4.64
This summary was machine generated from LSEG data August 5 at 11:12 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)