REZI Stock Recent News
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Resideo Technologies (REZI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Investors need to pay close attention to Resideo Technologies (REZI) stock based on the movements in the options market lately.
New First Alert Smart Smoke & CO Alarm compatible with Google Home ecosystem and designed for seamless integration with Nest Protect Smart Smoke & CO Alarm SCOTTSDALE, Ariz. , March 28, 2025 /PRNewswire/ -- First Alert, America's most trusted fire-safety brand* owned by Resideo (NYSE: REZI), and Google Home, a technology leader in the smart home, today announced a new life-safety collaboration.
Resideo Technologies faces short-term growth challenges due to a soft housing market but is countering with strategic acquisitions and new product introductions. The company expects modest revenue and EBITDA growth in FY2025, driven by new product categories and synergies from recent acquisitions. Although the stock is undervalued compared to its peers, I maintain my "Hold" call due to the lack of sufficiently strong drivers.
SCOTTSDALE, Ariz. , Feb. 24, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced that it is scheduled to participate at the following investor conferences.
Resideo Technologies, Inc. (NYSE:REZI ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Christopher Lee - Global Head of Investor Relations Jay Geldmacher - Chief Executive Officer Michael Carlet - Executive Vice President & Chief Financial Officer Robert Aarnes - President, Resideo's ADI Global Distribution Business Thomas Surran - President, Products and Solutions Conference Call Participants Cory Carpenter - JPMorgan Isaac Sellhausen - Oppenheimer Operator Good afternoon. My name is Kathleen, and I will be your conference operator today.
Resideo Technologies (REZI) came out with quarterly earnings of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Full year 2024 net revenue was $6.76 billion, exceeding the high-end of outlook range; reflects organic revenue(1) growth at both ADI and Products and Solutions Full year 2024 cash provided from operating activities was $444 million, a new record and exceeding outlook Full year 2024 net income was $116 million or $0.61 per fully diluted share; Adjusted EBITDA was $693 million and Adjusted EPS was $2.29, both exceeding the high-end of outlook range Fourth quarter net revenue growth was 21% year-over-year, exceeding the high-end of outlook range Fourth quarter Products and Solutions gross margin was 40.8%, seventh consecutive quarter of year-over-year improvement SCOTTSDALE, Ariz. , Feb. 20, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced financial results for the full year and the fourth quart
SCOTTSDALE, Ariz. , Jan. 29, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, will release fourth quarter and full year 2024 financial results after the close of the New York Stock Exchange on Thursday, February 20, 2025.
Resideo Technologies (REZI) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.34 per share a year ago.