Mohawk Industries Reports Q4 Results
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Mohawk Industries reported its Q4 2024 financial results, showing net earnings of $93 million and EPS of $1.48. Adjusted net earnings were $123 million with an adjusted EPS of $1.95. Net sales were $2.6 billion, a 1.0% increase as reported but a 1.0% decrease on an adjusted basis compared to the previous year.
February 06, 2025 | 9:30 pm
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Mohawk Industries reported Q4 2024 net earnings of $93M and EPS of $1.48, with adjusted figures at $123M and $1.95 respectively. Sales were $2.6B, showing a slight increase reported but a decrease on an adjusted basis compared to last year.
The earnings report shows a decrease in net earnings and EPS compared to the previous year, which might concern investors. However, the adjusted earnings are relatively stable, and sales have increased slightly on a reported basis. This mixed performance suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100