AZEK Expects Q4 Consolidated Net Sales Of $356M- $376M, Est. $334.52M
Portfolio Pulse from Benzinga Newsdesk
AZEK, a leading manufacturer of building products, expects its Q4 consolidated net sales to be between $356M and $376M, surpassing the estimated $334.52M.
August 08, 2023 | 8:47 pm
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POSITIVE IMPACT
AZEK's projected Q4 net sales are expected to exceed estimates, which could positively impact the company's stock price.
Companies that outperform their earnings estimates often see a positive reaction in their stock price. As AZEK is projecting higher Q4 net sales than estimated, this could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100