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

Resideo Technologies

01/11/2022 22:02

* Resideo Technologies Inc  REZI.N  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 56 cents per share.
    * Revenue rose 8.2% to $1.62 billion from a year ago;
analysts
expected $1.69 billion. 
    * Resideo Technologies Inc's reported EPS for the quarter
was 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Resideo Technologies Inc shares had risen by 23.9% this
quarter and lost 9.3% so far this year.
    * The company reported quarterly net income of $63 million.
    * Wall Street's median 12-month price target for Resideo
Technologies Inc is $29.00 
    * 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 from Refinitiv data November
1 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.56           0.42           Missed
 Jun. 30 2022      0.56           0.63           Beat
 Mar. 31 2022      0.44           0.58           Beat
 Dec. 31 2021      0.37           0.45           Beat