Resideo Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Resideo Technologies

20/02/2025 22:47

* Resideo Technologies Inc  REZI.N  reported quarterly
adjusted
earnings of 59 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 48 cents.  The mean expectation of four analysts
for the quarter was for earnings of 57 cents per share. Wall
Street expected results to range from 55 cents to 61 cents per
share.
    * Revenue rose 20.9% to $1.86 billion from a year ago;
analysts
expected $1.84 billion. 
    * Resideo Technologies Inc's reported EPS for the quarter
was 8
cents​.
    * The company reported quarterly net income of $12 million.
    * Resideo Technologies Inc shares had fallen by 5.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is  "hold."

Wall Street's median 12-month price target for Resideo
Technologies Inc is $29.00 
This summary was machine generated from LSEG data February 20 at
10:46 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 2024      0.57           0.59           Beat
 Sep. 30 2024      0.57           0.58           Beat
 Jun. 30 2024      0.50           0.62           Beat
 Mar. 31 2024      0.33           0.47           Beat