Resideo Technologies Inc expected to post earnings of 57 cents a share - Earnings Preview

Resideo Technologies

18/02/2025 21:03

* Resideo Technologies Inc  REZI.N   REZI.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
20 for the period ending December 31 2024
    * The Scottsdale Arizona-based  company is expected to
report a
19.5% increase in revenue to $1.836 billion from $1.54 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on November 7 2024, for the
period ended December 31, was for revenue between $1.82 billion
and $1.86 billion.
    * ​LSEG's mean analyst estimate for Resideo Technologies Inc
is
for earnings of 57 cents per share. The company's EPS guidance
on November 7 2024, for the period ended December 31, was
between $0.51 and $0.61 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Resideo
Technologies Inc is $29.00​, above​ its last closing price
of $21.89. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.815 billion and
USD185 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.56        0.57       0.58      Beat    2.7
 Jun. 30 2024  0.50        0.50       0.62      Beat    24
 Mar. 31 2024  0.33        0.33       0.47      Beat    42.4​
 Dec. 31 2023  0.43        0.44       0.48      Beat    9.6
 ​​Sep.        0.27        0.27       0.41      Beat    53.3
 30 2023                                                
 Jun. 30 2023  0.46        0.46       0.34      Missed  -26.6​
 Mar. 31 2023  0.34        0.34       0.39      Beat    15.3
 Dec. 31 2022  0.41        0.40       0.49      Beat    22
 This summary was machine generated February 18 at 21:02 GMT. 
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)