Trex Company Inc reports results for the quarter ended in June - Earnings Summary

Trex

08/08/2022 23:05

* Trex Company Inc  TREX.N  reported quarterly adjusted
earnings
of 79 cents​​ per share for the quarter ended in June. The mean
expectation of seventeen analysts for the quarter was
for earnings of 67 cents per share.
    * Revenue rose 24% to $386.25 million from a year ago;
analysts
expected $380.63 million. 
    * Trex Company Inc's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Trex Company Inc shares had risen by 18.7% this
quarter and
lost 52.2% so far this year.
    * The company reported quarterly net income of $88.92
million.
    * Wall Street's median 12-month price target for Trex
Company Inc
is $71.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.67           0.79           Beat
 Mar. 31 2022      0.54           0.62           Beat
 Dec. 31 2021      0.53           0.60           Beat
 Sep. 30 2021      0.58           0.64           Beat