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

Resideo Technologies

04/05/2022 18:03

* Resideo Technologies Inc  REZI.N  reported quarterly
adjusted
earnings of 58 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 9.9% to $1.56 billion from a year ago; 
analysts
expected $1.45 billion. 
    * Resideo Technologies Inc's reported EPS for the quarter
was 58
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Resideo Technologies Inc shares had fallen by 0.8% this
quarter and lost 9.2% so far this year.
    * The company reported quarterly net income of $87 million.
    * Wall Street's median 12-month price target for Resideo
Technologies Inc is $35.00 
    * 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 May 4 at 05:03 p.m.  ​All
figures in US dollars unless otherwise stated