Resideo Technologies (REZI) to Release Earnings on Thursday

Resideo Technologies (NYSE:REZI - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.38 per share and revenue of $1.74 billion for the quarter. Resideo Technologies has set its FY 2025 guidance at 2.230-2.470 EPS and its Q1 2025 guidance at 0.270-0.330 EPS.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). The business had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. 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 Stock Performance

Shares of REZI stock opened at $15.43 on Thursday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 24.49 and a beta of 2.04. Resideo Technologies has a 52-week low of $14.18 and a 52-week high of $28.28. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The company's 50 day moving average is $17.60 and its 200 day moving average is $21.36.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered Resideo Technologies from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $31.00 to $16.00 in a research report on Tuesday.

About Resideo Technologies

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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