Trex Co Inc expected to post earnings of 72 cents a share - Earnings Preview

Trex

08/05/2024 03:05

* Trex Co Inc  TREX.N   TREX.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Winchester Virginia-based  company is expected to
report a
53.6% increase in revenue to $366.729 million from $238.72
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.The company's guidance on February
26 2024, for the period ended March 31, was for revenue between
$360.00 million and $370.00 million.
    * ​LSEG's mean analyst estimate for Trex Co Inc is for
earnings of
72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"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
$105.50​, above​ its last closing price of $92.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.19        0.19       0.20      Beat    4.7
 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.        0.22        0.22       0.09      Missed  -58.1
 31 2022                                                
 Jun. 30 2022  0.15        0.14       0.13      Missed  -9.3​
 Jun. 30 2022  0.68        0.67       0.79      Beat    17.8
 Mar. 31 2022  0.54        0.54       0.62      Beat    15.1
 This summary was machine generated May 8 at 02:04 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)