American Woodmark Corporation (NASDAQ:AMWD) is reporting first quarter earnings results on Tuesday 25th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.33 per share from $ 383.60 million in revenue.
For the full year, analysts predict revenues of $ 1581.61 million, while looking forward to income of $ 5.31 per share.
Previous Quarter Performance
American Woodmark Corporation communicated income for the fourth quarter of $ 1.33 per share, from the revenue of $ 399.20 million. The quarterly earnings reduced 28.88 percent while revenues dropped 2.01 percent compared with the same quarter last year.
According to street consensus, AMWD was expected to report 4Q20 income of $ 1.51 per share from revenue of $ 373.22 million. The bottom line results missed street analysts by $ 0.18 or 11.92 percent, at the same time, top line results outshined analysts by $ 25.98 million or 6.96 percent.
Stock Performance
Shares of American Woodmark Corporation traded high $ 3.11 or 3.38 percent on Monday, reaching $ 95.14 with volume of 163.50 thousand shares. American Woodmark Corporation has traded high as $ 95.49 and has cracked $ 92.46 on the downward trend
According to the previous trading day, closing price of $ 95.14, representing a 160.71 % increase from the 52 week low of $ 35.30 and a 21.81 % decrease over the 52 week high of $ 117.70.
The company has a market capital of $ 1.61 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Conference Call
American Woodmark Corporation will be hosting a conference call at 11:00 AM eastern time on 25th August 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/418/36613
American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodelling and new home construction markets in the United States. The company offers made-to-order cabinetry in approximately 550 cabinet lines, which include 100 door designs in a range of painted or stained finishes, or engineered finishes under the Duraform name; and fronts made in various wood species, including maple, cherry, and oak, as well as engineered materials. It also provides value-based assembled cabinet products for stock kitchen and bath; ready-to-assemble cabinetry for home organization; and countertops and accessories.
