Mohawk Industries MHK releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.
Earnings and Revenue
Based on Mohawk Industries management projections, analysts predict EPS of $3.32 on revenue of $2.37 billion.
In the same quarter last year, Mohawk Industries reported EPS of $3.26 on revenue of $2 billion. If the company were to match the consensus estimate when it reports Thursday, EPS would be up 1.8 percent. Revenue would be up 8.57 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 3.74 | 3.6 | 2.71 | 3.22 |
EPS Actual | 3.75 | 3.72 | 2.72 | 3.26 |
Q4 EPS Estimate: $3.32
Q4 Revenues Estimate: $2 billion
Stock Performance
Shares of Mohawk Industries are trading at $267.11. Over the last 52-week period, shares are up 25.62 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The most common rating from analysts on Mohawk Industries stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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