JELD Stock Recent News
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Jeld-Wen (JELD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Evaluate the expected performance of JELD-WEN (JELD) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
JELD-WEN (JELD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JELD-WEN (JELD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CHARLOTTE, N.C. , Oct. 3, 2023 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today that it will release third quarter 2023 results after the market close on Monday, November 6, 2023.
JELD-WEN Holding, a building products company, offers significant upside for investors despite recent underperformance in the market. The company has experienced a decline in revenue due to a reduction in volume, but net profits and operating cash flow have improved. The housing market is showing signs of recovery, which should benefit companies like JELD-WEN, and the stock is considered cheap compared to similar firms.
JELD-WEN (JELD) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.57 per share a year ago.
EC, NSANY and JELD made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 11, 2023.
JELD-WEN (JELD) sells Australasia business for $446 million, more focus on North America & Europe regions.