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

Trex

30/10/2023 21:02

* Trex Company Inc  TREX.N  reported quarterly adjusted
earnings
of 57 cents​​ per share for the quarter ended in September. The
mean expectation of twenty analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue rose 61.2% to $303.84 million from a year ago;
analysts
expected $289.89 million. 
    * Trex Company Inc's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Trex Company Inc shares had fallen by 11.9% this
quarter and
gained 28.2% so far this year.
    * The company reported quarterly net income of $65.27
million.
    * Wall Street's median 12-month price target for Trex
Company Inc
is $73.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.50           0.57           Beat
 Jun. 30 2023      0.54           0.71           Beat
 Mar. 31 2023      0.34           0.38           Beat
 Dec. 31 2022      0.22           0.09           Missed