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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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.
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