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

Trex

31/10/2022 21:02

* Trex Company Inc  TREX.N  reported quarterly adjusted
earnings
of 13 cents​​ per share for the quarter ended in September. The
mean expectation of eighteen analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue fell 43.9% to $188.47 million from a year ago;
analysts
expected $189.87 million. 
    * Trex Company Inc's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 77.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Trex Company Inc shares had risen by 12.3% this
quarter and
lost 63.5% so far this year.
    * The company reported quarterly net income of $14.42
million.
    * Wall Street's median 12-month price target for Trex
Company Inc
is $60.00 
    * 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." 

This summary was machine generated from Refinitiv data October
31 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.14           0.13           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