Resideo Technologies (REZI) Projected to Post Earnings on Tuesday

Resideo Technologies (NYSE:REZI - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $1.83 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.03. Resideo Technologies had a net margin of 2.72% and a return on equity of 10.97%. The company had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.82 billion. During the same quarter last year, the company earned $0.41 EPS. 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 Trading Down 2.2 %

Shares of NYSE:REZI traded down $0.48 on Friday, reaching $21.53. 455,460 shares of the company traded hands, compared to its average volume of 660,686. The stock has a market capitalization of $3.16 billion, a P/E ratio of 19.39 and a beta of 2.15. The business's 50-day simple moving average is $24.04 and its 200 day simple moving average is $22.03. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. Resideo Technologies has a 52 week low of $16.91 and a 52 week high of $28.28.

Insiders Place Their Bets

In related news, insider Robert B. Aarnes sold 98,829 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the transaction, the insider now owns 458,928 shares in the company, valued at $12,005,556.48. The trade was a 17.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.50% of the company's stock.

Resideo Technologies Company Profile

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.