PGT Innovations Inc expected to post earnings of 58  cents a share - Earnings Preview

PGT Innovations

01/08/2023 19:32

* PGT Innovations Inc  PGTI.N   PGTI.K  is expected to show
a fall
in quarterly revenue when it reports  results on August 3. 
    * The North Venice Florida-based  company is expected to
report  a
3.8% decrease in revenue to $390.883 million from $406.52
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
11 2023, for the period ended June 30, was for revenue between
$380.00 million and $400.00 million.
    * ​Refinitiv's mean analyst estimate for PGT Innovations Inc
is
for earnings of 58 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 $35​, above​ its last closing price of $28.61. ​​​

The company's guidance on May 11 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD380 million and USD75 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  
 Mar. 31 2023  0.44        0.44       0.56      Beat    28.4
 Dec. 31 2023  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.        0.37        0.37       0.42      Beat    13.5
 31 2022                                                
 Dec. 31 2021  0.30        0.30       0.31      Beat    5.1​
 Sep. 30 2021  0.27        0.23       0.26      Beat    10.8
 Jun. 30 2021  0.31        0.31       0.18      Missed  -41.5
 This summary was machine generated August 1 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated