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Resideo Technologies (REZI) to Release Quarterly Earnings on Thursday

Resideo Technologies logo with Industrial Products background

Resideo Technologies (NYSE:REZI - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.47 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. Resideo Technologies had a return on equity of 10.32% and a net margin of 2.85%. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the company posted $0.34 earnings per share. The business's revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts expect Resideo Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Resideo Technologies Price Performance

Resideo Technologies stock traded down $0.53 during mid-day trading on Thursday, hitting $19.67. 584,494 shares of the company were exchanged, compared to its average volume of 854,438. The company has a quick ratio of 1.06, a current ratio of 1.81 and a debt-to-equity ratio of 0.70. The business has a fifty day moving average of $19.80 and a 200 day moving average of $20.16. Resideo Technologies has a 1-year low of $14.21 and a 1-year high of $23.43. The company has a market capitalization of $2.87 billion, a PE ratio of 14.92 and a beta of 2.07.

Analyst Ratings Changes

Separately, Evercore ISI initiated coverage on Resideo Technologies in a research note on Friday, August 9th. They set an "outperform" rating and a $25.00 price objective for the company.

Read Our Latest Analysis on REZI

About Resideo Technologies

(Get Free Report)

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.

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Earnings History for Resideo Technologies (NYSE:REZI)

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