Mohawk Industries (NYSE:MHK) released its Q4 earnings on Thursday, February 6, 2025 at 04:10 PM.
Here's what's important from the earnings announcement.
Earnings
Mohawk Industries beat estimated earnings by 5.0%, reporting an EPS of $1.95 versus an estimate of $1.85.
Revenue was up $24.72 million from the same period last year.
Past Earnings Performance
During the previous quarter, the company beat on EPS by $0.01, leading to a 14.000000000000002% drop share price change the next day.
Here's a look at Mohawk Industries's past performance:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 2.89 | 2.75 | 1.68 | 1.86 |
| EPS Actual | 2.90 | 3 | 1.86 | 1.96 |
| Revenue Estimate | 2.70B | 2.83B | 2.65B | 2.57B |
| Revenue Actual | 2.72B | 2.80B | 2.68B | 2.61B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Mohawk Industries management provided guidance for Q1 2025, expecting earnings between $1.34 and $1.44 per share.
To track all earnings releases for Mohawk Industries visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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