Resideo Technologies Q1 2024 Adj EPS $0.47 Beats $0.33 Estimate, Sales $1.486B Beat $1.485B Estimate
Portfolio Pulse from Benzinga Newsdesk
Resideo Technologies (NYSE:REZI) reported Q1 2024 adjusted EPS of $0.47, surpassing the $0.33 estimate, with sales of $1.486B slightly beating the $1.485B estimate. This represents a decrease in earnings and sales compared to the same period last year.
May 02, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Resideo Technologies reported a Q1 2024 EPS of $0.47, beating estimates, with sales of $1.486B also surpassing expectations.
The positive earnings and sales beat indicate strong financial performance, likely leading to increased investor confidence and potentially a positive short-term impact on REZI's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100