Trex Company Reports Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff pulls Wall Street to two-week lows as oil and yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Tech selloff pulls Wall Street to two-week lows as oil and yields climb
- Francisco Partners to acquire Weave Communications for $650M
Trex (TREX) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus
November 2, 2020 4:12 PM ESTTrex (NYSE: TREX) reported Q3 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $232 million versus the consensus estimate of $222.11 million.
Third Quarter Highlights
Consolidated net sales increased 19% to $232 millionConsolidated gross margin of 36.7%; excluding the warranty reserve charge, consolidated gross margin of 39.5%Consolidated diluted earnings per share of $0.37; excluding the warranty charge, diluted earnings per share of $0.41Consolidated EBITDA margin of 26.6%; excluding the warranty charge, consolidated EBITDA margin of 29.4%Trex brand leadership continues to position us at the forefront of strong... More
