Earnings Preview: Trex Co - Trex Co (NYSE:TREX)

Trex Co (NYSE: TREX) announces its next round of earnings this Monday, August 03. Here is Benzinga's everything-that-matters guide for this Monday's Q2earnings announcement.

Earnings and Revenue

Wall Street analysts see Trex Co reporting earnings of $0.65 per share on sales of $200.73 million. In the same quarter last year, Trex Co reported earnings per share of $0.640 on sales of $206.45 million. If the company were to match the consensus estimate when it reports Monday, earnings would be up 1.56%. Revenue would have fallen 1.92% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter	Q1 2020	Q4 2020	Q3 2019	Q2 2019
EPS Estimate	0.61	0.51	0.68	0.64
EPS Actual	0.73	0.61	0.72	0.64
Revenue Estimate	196.94 M	159.37 M	208.25 M	201.72 M
Revenue Actual	200.40 M	164.77 M	194.55 M	206.45 M

Stock Performance

For a full 12 months, the return has risen by 75.73%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Trex Co is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/ack96gq2

TREXTrex Co Inc

$39.48-3.74%

Overview

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.