Overview
Doors and windows maker's Q1 revenue fell 6.9% but slightly beat analyst expectations
Adjusted EPS for Q1 missed analyst expectations and remained negative
Company cited lower volume/mix and challenging demand as reasons for revenue decline
Outlook
JELD-WEN raises 2026 revenue guidance to $3.05-$3.2 bln from $2.95-$3.1 bln
Company maintains 2026 adjusted EBITDA guidance at $100-$150 mln
JELD-WEN expects 2026 operating cash flow to generate about $40 mln
Result Drivers
LOWER VOLUME/MIX - Co said Q1 revenue decline was primarily driven by a 10% decrease in volume/mix
UNFAVORABLE PRICE/COST - Co attributed lower adjusted EBITDA margin to unfavorable price/cost and volume/mix
Company press release: ID:nPn9KH5SCa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$722.10 mln
$721.41 mln (5 Analysts)
Q1 EPS
Miss
-$0.90
-$0.29 (5 Analysts)
Q1 Net Loss
$76.80 mln
Q1 Adjusted EBITDA
$6.10 mln
Q1 Adjusted EBITDA Margin
0.90%
Q1 Operating Loss
$55.20 mln
Q1 Loss before taxes
$73.50 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "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 $2.43, about 67.2% above its May 1 closing price of $1.45
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)