A Preview Of Trex Co's Earnings
Portfolio Pulse from Benzinga Insights
Trex Co is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.50. The company's past performance shows it beat EPS estimates last quarter, resulting in a 9.85% increase in share price. Trex Co's shares were trading at $54.97 as of October 26, with a 13.49% increase over the last 52-week period.
October 27, 2023 | 6:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Trex Co's upcoming earnings report could potentially impact its stock price. The company's past performance shows a positive correlation between beating EPS estimates and share price increase.
Trex Co's stock price has shown to be sensitive to its earnings reports. Last quarter, the company beat the EPS estimate, which was followed by a 9.85% increase in the share price. If the company beats the EPS estimate again, it could potentially lead to another increase in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100