PGT Innovations, Inc. ($PGTI) 3Q20 Earnings Sneak Peek

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PGT Innovations, Inc. (NYSE:PGTI) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, PGTI to report 3Q20 income of $ 0.31 per share.

For the full year, analysts anticipate top line of $ 866.36 million, while looking forward to income of $ 0.98 per share bottom line.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 225.52 million ~ $ 235.41 million

Full Year 2020 topline are forecasted in a range of$ 850.00 million ~ $ 880.00 million, where as bottomline are predicted in a range of $ 0.86 ~ $ 0.99 per share

Click Here For More Historical Outlooks Of PGT Innovations, Inc.

Previous Quarter Performance

PGT Innovations, Inc. revealed income for the second quarter of $ 0.21 per share, from the revenue of $ 202.78 million. The quarterly earnings decreased 34.38 percent compared with the same quarter last year. The consensus estimates are income of $ 0.15 per share from $ 192.70 million in revenue. The bottom line results beat street analysts by $ 0.06 or 40.00 percent, at the same time, top line results outshined analysts by $ 10.08 million or 5.23 percent.

Stock Performance

Shares of PGT Innovations, Inc. traded up $ 0.41 or 2.35 percent on Wednesday, reaching $ 17.84 with volume of 180.50 thousand shares. PGT Innovations, Inc. has traded high as $ 17.84 and has cracked $ 16.82 on the downward trend

The closing price of $ 17.84, representing a 153.34 % increase from the 52 week low of $ 6.88 and a 13.28 % decrease over the 52 week high of $ 20.10.

The company has a market capital of $ 1.12 billion and is part of the Basic Materials sector and Building Materials industry.

Conference Call

PGT Innovations, Inc. will be hosting a conference call at 10:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website pgtinnovations.com

PGT Innovations, Inc. manufactures and supplies impact-resistant residential windows and doors in the Southeastern United States, Western United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America, and Canada. It offers heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact vinyl windows with insulating glass and multi-chambered frames for various climate zones.