The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Griffon (NYSE:GFF) and the rest of the home construction materials stocks fared in Q4.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn -
over the past six months, the industry has pulled back by 8.6%. This drop was worse than the S&P 500’s 1.6% loss.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW) announced better-than-expected revenue in Q4 CY2024, with sales up 17.5% year on year to $327.1 million. The company expects the full year’s revenue to be around $1.08 billion, close to analysts’ estimates. Its non-GAAP profit of $0.27 per share was 14.4% above analysts’ consensus estimates.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW)
will be announcing earnings results tomorrow before the bell. Here’s what you need to know.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the home construction materials industry, including Quanex (NYSE:NX) and its peers.
Looking back on home construction materials stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Hayward (NYSE:HAYW) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at home construction materials stocks, starting with Gibraltar (NASDAQ:ROCK).
Hayward trades at $15.10 per share and has stayed right on track with the overall market, gaining 12.3% over the last six months. At the same time, the S&P 500 has returned 13.5%.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the home construction materials stocks, including Simpson (NYSE:SSD) and its peers.
Multi-industry consumer and professional products manufacturer Griffon Corporation (NYSE:GFF)
will be announcing earnings results tomorrow before market hours. Here’s what you need to know.
Shares of pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW)
jumped 8.2% in the morning session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' revenue and EBITDA expectations. In addition, it lifted its full-year revenue and EBITDA guidance. Zooming out, we think this was a strong quarter.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 3.3% year on year to $227.6 million. The company’s full-year revenue guidance of $1.03 billion at the midpoint also came in slightly above analysts’ estimates. Its non-GAAP profit of $0.11 per share was also 10.2% above analysts’ consensus estimates.
Pool equipment and automation systems manufacturer Hayward Holdings (NYSE:HAYW)
will be announcing earnings results tomorrow before the bell. Here’s what to expect.
While the market sighed a collective breath of relief after the Fed cut 50-bps, this week has been anything but bullish for the broad market. I’m looking at 5 consecutive red daily candles on the Russell 2000.
