Trex Company Inc expected to post earnings of 50  cents a share - Earnings Preview

Trex

28/10/2023 03:01

* Trex Company Inc  TREX.N   TREX.K  is expected to show a
rise in
quarterly revenue when it reports  results on October 30. 
    * The Winchester Virginia-based  company is expected to
report  a
53.8% increase in revenue to $289.889 million from $188.47
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on
July 31 2023, for the period ended September 30, was for revenue
between $280.00 million and $290.00 million.
    * ​Refinitiv's mean analyst estimate for Trex Company Inc is
for
earnings of 50 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
Company Inc
is $73​, above​ its last closing price of $54.28. ​​​

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 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. 30 2022  0.15        0.14       0.13      Missed  -9.3
 ​​Jun.        0.68        0.67       0.79      Beat    17.8
 30 2022                                                
 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
 This summary was machine generated October 28 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated