AZEK Co Q3 Adj EPS $0.30 Beats $0.26 Estimate, Sales $387.55M Beat $372.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
AZEK Co reported Q3 adjusted earnings of $0.30 per share, beating the analyst consensus estimate of $0.26 by 15.38%. This is a 3.45% increase from the same period last year. The company also reported quarterly sales of $387.55 million, beating the analyst consensus estimate of $372.75 million by 3.97%, but a 1.88% decrease from the same period last year.
August 08, 2023 | 8:14 pm
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POSITIVE IMPACT
AZEK Co reported better than expected Q3 earnings and sales, which could positively impact the stock price.
AZEK Co's Q3 earnings and sales beat analyst estimates, which is typically a positive signal for the stock price. However, the decrease in sales compared to the same period last year might temper the positive impact.
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