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Shares of Trex Co (NYSE:TREX) fell in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share decreased 39.34% year over year to $0.37, which beat the estimate of $0.36.
Revenue of $228,286,000 higher by 38.55% from the same period last year, which beat the estimate of $215,900,000.
Outlook
Trex Co hasn't issued any earnings guidance for the time being.
Q1 revenue expected to be between $235,000,000 and $245,000,000.
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Date: Feb 22, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/2yaszu6c
Price Action
52-week high: $313.26
52-week low: $63.32
Price action over last quarter: Up 33.30%
Company Overview
Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.