Trex Co Inc expected to post earnings of 19 cents a share - Earnings Preview

Trex

24/02/2024 24:32

* Trex Co Inc  TREX.N   TREX.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Winchester Virginia-based  company is expected to
report a
0.6% increase in revenue to $193.234 million from $192.09
million a year ago, according to the mean estimate from 19
analysts, based on LSEG data.The company's guidance on October
30 2023, for the period ended December 31, was for revenue
between $185.00 million and $195.00 million.
    * ​LSEG's mean analyst estimate for Trex Co Inc is for
earnings of
19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 1 "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 Trex Co Inc
is
$84.50​, below​ its last closing price of $93.81. ​​​

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 2023  0.50        0.50       0.57      Beat    14.4
 Jun. 30 2023  0.55        0.54       0.71      Beat    32.7
 Mar. 31 2023  0.33        0.34       0.38      Beat    13.1​
 Dec. 31 2022  0.22        0.22       0.09      Missed  -58.1
 ​​Sep.        0.15        0.14       0.13      Missed  -9.3
 30 2022                                                
 Jun. 30 2022  0.68        0.67       0.79      Beat    17.8​
 Mar. 31 2022  0.54        0.54       0.62      Beat    15.1
 Dec. 31 2021  0.53        0.53       0.60      Beat    13.4
 This summary was machine generated February 24 at 00:32 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)