Resideo Technologies, Inc. (NYSE:REZI) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, REZI to report 2Q20 income of $ 0.04 per share.
For the full year, analysts anticipate top line of $ 4550.63 million, while looking forward to income of $ 0.52 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 5,088.00 million ~ $ 5,188.00 million
Click Here For More Historical Outlooks Of Resideo Technologies, Inc.
Previous Quarter Performance
Resideo Technologies, Inc. unveiled income for the first quarter of $ 0.24 per share, from the revenue of $ 1,179.00 million. The quarterly earnings reduced 17.24 percent while revenues shrunk 0.29 percent compared with the same quarter last year.
According to street consensus, REZI was expected to report 1Q20 income of $ 0.15 per share from revenue of $ 1207.02 million. The bottom line results beat street analysts by $ 0.09 or 60.00 percent, at the same time, top line results fell short of analysts by $ 28.02 million or 2.32 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of REZI was $ 11.11, representing a 198.66 % increase from the 52 week low of $ 3.72 and a 38.48 % decrease over the 52 week high of $ 18.06.
The company has a market capital of $ 1.37 billion and is part of the Industrials sector and Security & Protection Services industry.
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Recent Analyst recommendations
- On 8th June 2020, maintained by Imperial Capital at In-Line rating, with $ 10.00 target price.
Conference Call
Resideo Technologies, Inc. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.resideo.com
Resideo Technologies, Inc. provides critical comfort, thermal, and security solutions primarily in residential environments in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and Global Distribution.
