The AZEK Company Inc. (AZEK) Tops Q3 EPS by 6c, provides guidance

The AZEK Company Inc. (NYSE: AZEK) reported Q3 EPS of $0.42, $0.06 better than the analyst estimate of $0.36. Revenue for the quarter came in at $434.4 million versus the consensus estimate of $396.87 million.

GUIDANCE:

The AZEK Company Inc. sees FY2024 revenue of $1.422-1.438 billion, versus the consensus of $1.432 billion and Adjusted EBITDA in the range of $370 to $380 million, representing an increase from the outlook range of $364 to $380 million. Adjusted EBITDA Margin is expected to be in the range of 26.0% to 26.4%, an increase from approximately 25.8% to 26.4% from the prior outlook.

For earnings history and earnings-related data on The AZEK Company Inc. (AZEK) click here.

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