Trex Company Inc expected to post earnings of 22  cents a share - Earnings Preview

Trex

25/02/2023 03:05

* Trex Company Inc  TREX.N   TREX.K  is expected to show a
fall in
quarterly revenue when it reports  results on February 27. 
    * The Winchester Virginia-based  company is expected to
report  a
39.1% decrease in revenue to $185.254 million from $303.96
million a year ago, according to the mean estimate from 17
analysts, based on Refinitiv data. The company's guidance on
October 31 2022, for the period ended December 31, was for
revenue between $180.00 million and $190.00 million.
    * ​Refinitiv's mean analyst estimate for Trex Company Inc is
for
earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"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 $52.5​, above​ its last closing price of $50.15. ​​​

The company's guidance on October 31 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD180 million and
USD47.5 million.The company's guidance on October 31 2022 for
the period ended December 31 was for gross profit margin of
USD33%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 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​
 Dec. 31 2021  0.53        0.53       0.60      Beat    13.4
 ​​Sep.        0.58        0.58       0.64      Beat    9.8
 30 2021                                                
 Jun. 30 2021  0.53        0.53       0.53      Met     0.5​
 Mar. 31 2021  0.38        0.38       0.42      Beat    10.5
 Dec. 31 2020  0.36        0.36       0.37      Beat    1.5
 This summary was machine generated February 25 at 03:04 GMT. 
All figures in US dollars  unless otherwise stated