Mohawk Industries Inc reports results for the quarter ended June 30 - Earnings Summary
24/07/2025 22:37
Mohawk Industries Inc MHK.N reported quarterly adjusted earnings of $2.77 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $3.00. The mean expectation of eighteen analysts for the quarter was for earnings of $2.60 per share. Wall Street expected results to range from $2.55 to $2.75 per share. Revenue rose 0% to $2.80 billion from a year ago; analysts expected $2.76 billion. Mohawk Industries Inc's reported EPS for the quarter was $2.34. The company reported quarterly net income of $146.5 million. Mohawk Industries Inc shares had risen by 11.3% this quarter and lost 2.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 6.8% 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 "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "buy" Wall Street's median 12-month price target for Mohawk Industries Inc is $126.00, about 7.9% above its last closing price of $116.00 This summary was machine generated from LSEG data July 24 at 09:37 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 2.60 | 2.77 | Beat |
| Mar. 31 2025 | 1.41 | 1.52 | Beat |
| Dec. 31 2024 | 1.85 | 1.95 | Beat |
| Sep. 30 2024 | 2.89 | 2.90 | Beat |