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

Resideo Technologies

15/02/2023 22:56

* Resideo Technologies Inc  REZI.N  reported quarterly
adjusted
earnings of 49 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 7.3% to $1.56 billion from a year ago;
analysts
expected $1.57 billion. 
    * Resideo Technologies Inc's reported EPS for the quarter
was 26
cents​.
    * 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. 
    * Resideo Technologies Inc shares had risen by 16.3% this
quarter.
    * The company reported quarterly net income of $39 million.
    * Wall Street's median 12-month price target for Resideo
Technologies Inc is $25.50 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 10:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.40           0.49           Beat
 Sep. 30 2022      0.56           0.42           Missed
 Jun. 30 2022      0.56           0.63           Beat
 Mar. 31 2022      0.44           0.58           Beat