Trex Company Sees Q2 Revenues Of $380M-$390M, Est $375.233M
Portfolio Pulse from Benzinga Newsdesk
Trex Company projects its Q2 revenues to be between $380M-$390M, surpassing the estimated $375.233M.
May 09, 2024 | 8:42 pm
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Trex Company anticipates Q2 revenues to exceed expectations, projecting $380M-$390M against an estimate of $375.233M.
Trex Company's projection of higher-than-expected revenues for Q2 suggests strong performance and potential market share gains. This positive outlook is likely to boost investor confidence and could lead to an uptick in TREX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100