Earnings Preview For Trex Co
Portfolio Pulse from Benzinga Insights
Trex Co is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.54. The company's past performance shows it beat EPS estimates last quarter, leading to an 8.15% increase in share price. Trex Co shares were trading at $68.03 as of July 27, with a 52-week increase of 6.2%.
July 28, 2023 | 6:02 pm
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NEUTRAL IMPACT
Trex Co is expected to report an EPS of $0.54 in its upcoming earnings. The company's stock price could be influenced by the earnings report and any guidance provided.
The upcoming earnings report is a significant event for Trex Co. If the company beats the estimated EPS of $0.54, it could positively impact the stock price, as seen in the previous quarter. However, the guidance provided by the company will also play a crucial role in influencing investor sentiment and the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100