TREX Stock Recent News
TREX LATEST HEADLINES
Trex beat on the top and bottom lines, benefitting from its work to cut costs and improve efficiency. The company's guidance for the third quarter is higher than what investors had expected.
Trex Co Inc ( TREX , Financial), a leading player in the construction industry, is currently trading at $74.99 with a market cap of $8.16 billion. The company's stock price has seen a gain of 8.46% today and a significant increase of 14.28% over the past four weeks.
Trex (TREX) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.79 per share a year ago.
TREX introduces Trex Select T-Rail, a composite railing system reflecting competitive pricing, high performance and low maintenance.
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today announced its participation in the following investor conferences: Stifel 2023 Cross Sector Insight Conference Location: Boston, MA Date: Tuesday, June 6th Fireside Chat: 3:00 PM EDT Trex Management: Bryan H. Fairbanks – President and Chief Executive Officer Bret M. Martz – Vice Presiden.
Bryan Fairbanks, Trex CEO, joins 'Power Lunch' to discuss construction demand, inventory and recession fears.
Trex Company started the year with an impressive rebound. Its financial positioning is quite bothersome but remains sustainable.
In a difficult environment, Trex still managed to beat expectations on the top and bottom lines. The company also issued solid guidance and is managing costs well through the downturn.
Trex CEO Bryan Fairbanks joins Yahoo Finance Live anchors to discuss U.S. pending home sales data, interest rates, the state of the housing sector, and the outlook for homebuyers.
Rising interest rates and inflation are squeezing the consumer and weighing on discretionary spending. Trex outlined how it's combating these pressures in its Q4 2022 and Full Year earnings release and conference call.