Trex Company Inc expected to post earnings of 14cents a share - Earnings Preview

Trex

29/10/2022 01:13

* Trex Company Inc  TREX.N   TREX.K  is expected to show a
fall in
quarterly revenue when it reports  results on October 31. 
    * The Winchester Virginia-based  company is expected to
report  a
43.5% decrease in revenue to $189.866 million from $335.87
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on
August 8 2022, for the period ended September 30, was for
revenue between $185.00 million and $195.00 million.
    * ​Refinitiv's mean analyst estimate for Trex Company Inc is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and 3 "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
Company Inc
is $60​, above​ its last closing price of $49.34. ​​​

The company's guidance on August 8 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD185 million and
USD35.1 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  0.58        0.58       0.64      Beat    9.8
 ​​Jun.        0.53        0.53       0.53      Met     0.5
 30 2021                                                
 Mar. 31 2021  0.38        0.38       0.42      Beat    10.5​
 Dec. 31 2020  0.36        0.36       0.37      Beat    1.5
 Sep. 30 2020  0.38        0.38       0.41      Beat    8.8
 This summary was machine generated October 29 at 00:13 GMT.  All
figures in US dollars  unless otherwise stated