JELD-WEN Announces First Quarter 2020 Results
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JELD-WEN Holding, Inc. (JELD) Tops Q1 EPS by 3c, Revenues Beat
May 5, 2020 6:04 AM EDTJELD-WEN Holding, Inc. (NYSE: JELD) reported Q1 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $979.2 million versus the consensus estimate of $976.59 million.
First Quarter 2020 Results
Favorable price/cost for the sixth consecutive quarterThird consecutive quarter of core margin improvement in Europe segmentVolume/mix headwinds due to sequentially worse Australasia market demand, government mandated plant closures in Europe, and unfavorable volume/mix in North AmericaCore adjusted EBITDA margins declined 120 basis pointsHighlights:
Net revenues for the first quarter decreased 3.1% year-over-year to... More