PGT Innovations Inc reports results for the quarter ended in December - Earnings Summary

PGT Innovations

20/02/2024 14:32

* PGT Innovations Inc  PGTI.N  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 27 cents.  The mean expectation of
three analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 32 cents to 39
cents per share.
    * Revenue rose 0.5% to $342.55 million from a year ago;
analysts
expected $339.30 million. 
    * PGT Innovations Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $4.75
million.
    * PGT Innovations Inc shares had risen by 1.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for PGT Innovations
Inc is $41.75 
This summary was machine generated from LSEG data February 20 at
02:31 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
 Dec. 31 2023      0.36           0.25           Missed
 Sep. 30 2023      0.60           0.66           Beat
 Jun. 30 2023      0.58           0.58           Met
 Mar. 31 2023      0.44           0.56           Beat