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

PGT Innovations

02/11/2023 20:00

* PGT Innovations Inc  PGTI.N  reported quarterly adjusted
earnings of 66 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 55 cents.  The mean expectation of
four analysts for the quarter was for earnings of 60 cents per
share. Wall Street expected results to range from 59 cents to 61
cents per share.
    * Revenue rose 3.7% to $399.93 million from a year ago;
analysts
expected $395.84 million. 
    * PGT Innovations Inc's reported EPS for the quarter was 67
cents​.
    * The company reported quarterly net income of $39.21
million.
    * PGT Innovations Inc shares had risen by 10.9% this
quarter and
gained 71.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.5%
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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for PGT
Innovations
Inc is $36.00 

This summary was machine generated from LSEG data November 2 at
07:59 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.28           0.27           Missed