PGT Innovations Inc expected to post earnings of 44  cents a share - Earnings Preview

PGT Innovations

09/05/2023 16:14

* PGT Innovations Inc  PGTI.N   PGTI.K  is expected to show
a rise
in quarterly revenue when it reports  results on May 11. 
    * The North Venice Florida-based  company is expected to
report  a
5.1% increase in revenue to $377.112 million from $358.66
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $370.00 million and $390.00 million.
    * ​Refinitiv's mean analyst estimate for PGT Innovations Inc
is
for earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 PGT
Innovations
Inc is $33​, above​ its last closing price of $26.00. ​​​

The company's guidance on February 22 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD370 million and USD64 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.29        0.28       0.27      Missed  -4.7
 Sep. 30 2022  0.53        0.53       0.55      Beat    3.8
 Jun. 30 2022  0.45        0.45       0.67      Beat    48.1​
 Mar. 31 2022  0.37        0.37       0.42      Beat    13.5
 ​​Dec.        0.30        0.30       0.31      Beat    5.1
 31 2021                                                
 Sep. 30 2021  0.27        0.23       0.26      Beat    10.8​
 Jun. 30 2021  0.31        0.31       0.18      Missed  -41.5
 Mar. 31 2021  0.19        0.18       0.27      Beat    47.2
 This summary was machine generated May 9 at 15:14 GMT.  All
figures in US dollars  unless otherwise stated