JELD-WEN Likely To Post Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
JELD-WEN Holding, Inc. (NYSE:JELD) is expected to report lower Q2 earnings at 33 cents per share, down from 57 cents per share a year ago. The company's revenue might be around $1.1 billion, compared to $1.33 billion last year. JELD-WEN shares rose 1.6% to close at $17.99 on Friday. Several analysts have maintained their ratings and raised their price targets for JELD-WEN.
August 07, 2023 | 1:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JELD-WEN is expected to report lower Q2 earnings and revenue. Despite this, the stock price rose and analysts have raised their price targets.
The expected lower earnings and revenue for JELD-WEN could negatively impact the stock. However, the recent rise in stock price and raised price targets by analysts indicate a potentially positive outlook. The impact is therefore neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100