Trex Company Expects Q3 Revenues Of $220M - $230M, Est $290.447M
Portfolio Pulse from Benzinga Newsdesk
Trex Company has announced that it expects Q3 revenues to be between $220 million and $230 million, significantly below the estimated $290.447 million.
August 06, 2024 | 8:59 pm
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Trex Company has announced that it expects Q3 revenues to be between $220 million and $230 million, significantly below the estimated $290.447 million.
The significant shortfall in expected Q3 revenues compared to estimates is likely to negatively impact Trex Company's stock price in the short term as it indicates weaker-than-expected financial performance.
CONFIDENCE 95
IMPORTANCE 90
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