Preview Of JELD-WEN Holding, Inc. ($JELD) 3Q20 Earnings

JELD-WEN Holding, Inc. (NYSE:JELD) is set to announce third quarter earning results on Tuesday 3rd November 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, JELD to report 3Q20 income of $ 0.44 per share.

For the full year, analysts anticipate top line of $ 4153.36 million, while looking forward to income of $ 1.38 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 4,333.00 million ~ $ 4,461.00 million

Click Here For More Historical Outlooks Of JELD-WEN Holding, Inc.

Previous Quarter Performance

JELD-WEN Holding, Inc. unveiled income for the second quarter of $ 0.47 per share, from the revenue of $ 992.30 million. The quarterly earnings swell 4.44 percent while revenues reduced 11.32 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.20 per share from $ 968.49 million in revenue. The bottom line results beat street analysts by $ 0.27 or 135.00 percent, at the same time, top line results outshined analysts by $ 23.81 million or 2.46 percent.

Stock Performance

Shares of JELD-WEN Holding, Inc. traded up $ 1.59 or 7.56 percent on Monday, reaching $ 22.62 with volume of 431.30 thousand shares. JELD-WEN Holding, Inc. has traded high as $ 22.69 and has cracked $ 21.38 on the downward trend

The closing price of $ 22.62, representing a 247.03 % increase from the 52 week low of $ 6.06 and a 23.02 % decrease over the 52 week high of $ 27.32.

The company has a market capital of $ 2.27 billion and is part of the Basic Materials sector and Building Materials industry.

Recent Analyst recommendations

  • On 5th October 2020, upgraded by Wells Fargo & Co to Overweight from Equal-Weight rating.
Conference Call

JELD-WEN Holding, Inc. will be hosting a conference call at 8:00 AM eastern time on 3rd 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 www.jeld-wen.com

JELD-WEN Holding, Inc. manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.

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