Resideo Technologies Inc expected to post earnings of 44  cents a share - Earnings Preview

Resideo Technologies

30/04/2022 03:06

* Resideo Technologies Inc  REZI.N   REZI.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Scottsdale Arizona-based  company is expected to
report  a
1.9% increase in revenue to $1.446 billion from $1.42 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Resideo
Technologies Inc
is for earnings of 44 cents per share. For the same quarter last
year, the company reported earnings of 33 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Resideo
Technologies Inc is $35​, above​ its last closing price
of $22.49. ​​​
    * 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 2021  0.36        0.37       0.45      Beat    21.6
 Sep. 30 2021  0.46        0.47       0.46      Missed  -1.1
 Jun. 30 2021  0.31        0.31       0.39      Beat    25.8​
 Mar. 31 2021  0.35        0.33       0.33      Met     0.4
 ​​Dec.        0.73        0.66       0.44      Missed  -33.3
 31 2020                                                
 Sep. 30 2020  0.08        0.05       1.02      Beat    2,085.
                                                        6​
 Jun. 30 2020  0.10        0.04       -0.11     Missed  -375
 Mar. 31 2020  0.07        0.07       0.24      Beat    227.3
 This summary was machine generated April 30 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated