Trex (TREX) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall St futures rise as AI stocks gain, oil prices slide
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Anthropic and Accenture partner on embedded AI safety evaluation
Trex Company Reports Third Quarter 2020 Results
November 2, 2020 4:01 PM EST20% Residential Sales Growth Reflects Brand Leadership Amid Strong Secular Demand
Fourth Quarter Consolidated Sales Expected at $210 Million - $220 Million, Up 30% Year-on-Year at the Mid-Point
Strong Double-Digit Sales Growth Expected for Full Year 2021
Company Reinstates Share Buyback Program
Third Quarter Highlights
- Consolidated net sales increased 19% to $232 million
- Consolidated 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 $0.41
- Consolidated EBITDA margin of 26.6%; excluding the warranty... More
