AZEK Sees Q4 Sales $329M-$345M Vs $396.377M Est.
Portfolio Pulse from Benzinga Newsdesk
AZEK has announced its Q4 sales forecast to be between $329 million and $345 million, which is significantly lower than the estimated $396.377 million.
August 07, 2024 | 8:12 pm
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AZEK has announced its Q4 sales forecast to be between $329 million and $345 million, which is significantly lower than the estimated $396.377 million. This shortfall may negatively impact investor sentiment and the stock price in the short term.
The significant shortfall in the sales forecast compared to the estimate is likely to lead to negative investor sentiment and a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100