Mohawk Industries Inc expected to post earnings of $2.89 a share - Earnings Preview
23/10/2024 04:58
* Mohawk Industries Inc MHK.N MHK is expected to show a
fall
in quarterly revenue when it reports results on October 24 for
the period ending September 30 2024
* The Calhoun Georgia-based company is expected to report a
2.4% decrease in revenue to $2.7 billion from $2.77 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data. (Revenue is on Net sales basis)
* LSEG's mean analyst estimate for Mohawk Industries Inc is
for
earnings of $2.89 per share. The company's EPS guidance on July
25 2024, for the period ended September 30, was between $2.80
and $2.90
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Mohawk
Industries
Inc is 172.00, above its last closing price of $152.93.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 2.76 2.75 3.00 Beat 9
Mar. 31 2024 1.69 1.68 1.86 Beat 10.9
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. 2.65 2.65 2.76 Beat 4.3
30 2023
Mar. 31 2023 1.30 1.30 1.75 Beat 34.8
Dec. 31 2022 1.29 1.32 1.32 Met 0.1
Sep. 30 2022 3.31 3.35 3.34 Missed -0.3
This summary was machine generated October 23 at 03:57 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)