AZEK Co: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
AZEK Co (NYSE:AZEK) reported Q1 earnings with an EPS of $0.1, doubling the estimated $0.05 and marking a significant revenue increase of $24.18 million from the previous year. The company has a history of surpassing earnings estimates, which previously led to a 5.99% share price increase the following day.
February 06, 2024 | 9:10 pm
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POSITIVE IMPACT
AZEK Co reported a significant beat on Q1 earnings and a notable year-over-year revenue increase, continuing its trend of surpassing estimates.
AZEK Co's substantial beat on earnings estimates and its consistent history of outperforming expectations suggest a positive short-term impact on its stock price. The company's past performance, including a 5.99% share price increase following the last earnings beat, supports the expectation of a similar positive reaction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100