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Mohawk Industries, Inc. (NYSE:MHK ) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman & CEO Chris Wellborn - President, COO, President, Global Ceramic & Director Conference Call Participants Joseph Ahlersmeyer - Deutsche Bank Timothy Wojs - Robert W. Baird & Co. Susan Maklari - Goldman Sachs Group John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Chase & Co. Michael Dahl - RBC Capital Markets Adam Baumgarten - Zelman & Associates Rafe Jadrosich - Bank of America Merrill Lynch Keith Hughes - Truist Securities Eric Bosshard - Cleveland Research Company Truman Patterson - Wolfe Research Philip Ng - Jefferies Operator Good day, and welcome to the Mohawk Industries, Inc. First Quarter 2023 Earnings Conference Call.
Mohawk Industries' (MHK) first-quarter results reflect intense inflation, higher interest rates and lower volume.
Mohawk Industries (MHK) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $3.78 per share a year ago.
Mohawk Industries Inc. shares rose nearly 5% in the aftermarket Thursday after the carpet and flooring company reported quarterly earnings and sales above Wall Street expectations, saying its commercial side continued to show more resilience as compared with residential. Mohawk earned $80 million, or $1.26 a share, in the quarter, compared with $245 million, or $3.78 a share, in the year-ago quarter.
Mohawk Industries' (MHK) first-quarter performance is likely to have been impacted by significant inflationary pressures and soft housing demand woes.
Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CALHOUN, Ga., April 05, 2023 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) First Quarter 2023 earnings release on Thursday April 27, 2023, you are invited to listen to the conference call that will be broadcast live on Friday April 28, 2023, at 11:00 am ET.
Mohawk Industries, Inc. (NYSE:MHK ) Q4 2022 Earnings Conference Call February 10, 2023 4:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman & Chief Executive Officer Christopher Wellborn - President & Chief Operating Officer. Conference Call Participants Phil Ng - Jefferies Susan Maklari - Goldman Sachs Eric Bosshard - Cleveland Research Company Truman Patterson - Wolfe Research Mike Dahl - RBC Capital Markets Stephen Kim - Evercore ISI Keith Hughes - Truist Security John Lovallo - UBS Rafe Jadrosich - Bank of America Adam Baumgarten - Zelman Laura Champine - Loop Capital Brian Biros - Thompson Research Group Matthew Bouley - Barclays David MacGregor - Longbow Research Operator Good day, and welcome to the Mohawk Industries Inc. Fourth Quarter 2022 Earnings Call.
Mohawk Industries' (MHK) fourth-quarter results reflect intense inflation, higher interest rates and lower volume.
Mohawk Industries (MHK) delivered earnings and revenue surprises of 2.33% and 2.55%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?