Mohawk Industries (MHK) Tops Q3 EPS by 8c; Guides Below
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- Mohawk Industries (MHK) Tops Q3 EPS by 8c; Guides Below
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Mohawk Industries, Inc. (NYSE: MHK) reports Q3 EPS of $0.64, 8 cents better than the analyst estimate of $0.56. Revenue for the quarter was $1.38 billion, which compares to the estimate of $1.40 billion.
Mohawk Industries sees Q4 EPS of $0.28-$0.38, versus the $0.45 consensus. Carpet material costs will reduce margins until we pass them through with higher prices.
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