Mohawk down after Q4 profit forecast misses estimates
24/10/2025 12:00
** Shares of home flooring manufacturer Mohawk Industries MHK.N fall nearly 4% to $124 premarket
** Co expects Q4 profit below estimates on weak ceramic and flooring sales
** MHK estimates Q4 adj. profit between $1.90 and $2.00 per share, below the estimate of $2.14 apiece, according to data compiled by LSEG
** Co posts Q3 adj. profit of $2.67/share, beating analysts' avg. estimate of $2.64/share
** Reports quarterly revenue of $2.76 bln, above estimate of $2.73 bln
** Stock up 8.2% YTD, as of last close
(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))