Resideo Technologies Q4 Adj EPS $0.48 Beats $0.43 Estimate, Sales $1.54B Beat $1.52B Estimate
Portfolio Pulse from Happy Mohamed
Resideo Technologies (NYSE:REZI) reported Q4 adjusted EPS of $0.48, surpassing the $0.43 estimate, and sales of $1.54B, exceeding the $1.52B estimate. This represents an 84.62% increase in EPS from last year, despite a 1.47% decrease in sales.
February 13, 2024 | 9:34 pm
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POSITIVE IMPACT
Resideo Technologies reported a significant beat on Q4 earnings and sales, with EPS at $0.48 against a $0.43 estimate and sales of $1.54B against a $1.52B estimate.
The positive earnings and sales beat by Resideo Technologies indicates strong financial performance, likely leading to increased investor confidence and potentially a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100