Exploring Trex Co's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Trex Co (NYSE:TREX) is set to release its quarterly earnings report on October 28, 2024, with analysts estimating an EPS of $0.32. Despite past earnings beats, Trex's stock has experienced significant price drops post-announcement. The company's stock is currently trading at $64.14, with a 52-week increase of 16.82%. Analysts have a Neutral consensus rating for Trex, with a one-year price target of $79.54, suggesting a potential 24.01% upside. Trex leads its peers in revenue growth and gross profit margin but has the lowest return on equity.

October 25, 2024 | 5:02 pm
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Trex Co is expected to report an EPS of $0.32 on October 28, 2024. Despite past earnings beats, the stock has seen significant price drops post-announcement. Analysts have a Neutral rating with a $79.54 price target, indicating a potential 24.01% upside.
Trex Co's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.32. Despite past earnings beats, the stock has experienced significant price drops, indicating that market reactions are driven by guidance rather than performance. The Neutral analyst rating and a price target of $79.54 suggest a potential upside, but the historical pattern of price drops post-earnings creates uncertainty about short-term price movements.
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