Trex Company Inc expected to post earnings of 54  cents a share - Earnings Preview

Trex

29/07/2023 03:01

* Trex Company Inc  TREX.N   TREX.K  is expected to show a
fall in
quarterly revenue when it reports  results on July 31. 
    * The Winchester Virginia-based  company is expected to
report  a
17.5% decrease in revenue to $318.472 million from $386.25
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on May
8 2023, for the period ended June 30, was for revenue between
$310.00 million and $320.00 million.
    * ​Refinitiv's mean analyst estimate for Trex Company Inc is
for
earnings of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Trex
Company Inc
is $65​, below​ its last closing price of $69.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.33        0.34       0.38      Beat    13.1
 Dec. 31 2023  0.22        0.22       0.09      Missed  -58.1
 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.        0.54        0.54       0.62      Beat    15.1
 31 2022                                                
 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. 30 2021  0.53        0.53       0.53      Met     0.5
 This summary was machine generated July 29 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated