Mohawk Industries Inc expected to post earnings of $1.68 a share - Earnings Preview
23/04/2024 22:14
* Mohawk Industries Inc MHK.N MHK is expected to show a
fall
in quarterly revenue when it reports results on April 25 for
the period ending March 31 2024
* The Calhoun Georgia-based company is expected to report a
5.5% decrease in revenue to $2.653 billion from $2.81 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data. (Revenue is on Net sales basis)
* LSEG's mean analyst estimate for Mohawk Industries Inc is
for
earnings of $1.68 per share. The company's EPS guidance on
February 8 2024, for the period ended March 31, was between
$1.60 and $1.70
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 12
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.
* Wall Street's median 12-month price target for Mohawk
Industries
Inc is $120.50, above its last closing price of $113.44.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.87 1.86 1.96 Beat 5.6
Sep. 30 2023 2.61 2.65 2.72 Beat 2.6
Jun. 30 2023 2.65 2.65 2.76 Beat 4.3
Mar. 31 2023 1.30 1.30 1.75 Beat 34.8
Dec. 1.29 1.32 1.32 Met 0.1
31 2022
Sep. 30 2022 3.31 3.35 3.34 Missed -0.3
Jun. 30 2022 4.25 4.29 4.41 Beat 2.8
Mar. 31 2022 2.85 2.90 3.78 Beat 30.2
This summary was machine generated April 23 at 21:14 GMT. 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)