JELD-WEN Holding, Inc. (JELD) Tops Q3 EPS by 25c; Lowers Adj-EBITDA Guidance

JELD-WEN Holding, Inc. (NYSE: JELD) reported Q3 EPS of $0.71, $0.25 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.23 billion.

GUIDANCE:

• Core revenue growth remains at approximately 10%, with net revenues still expected to increase by 4% to 6%.
• Adjusted EBITDA is updated to a range of $400 million to $420 million from the previous outlook of $430 million to $450 million.
• Full year 2022 capital expenditures are expected to be within a range of $85 million to $95 million, compared to the previous outlook of $90 million to $110 million.

For earnings history and earnings-related data on JELD-WEN Holding, Inc. (JELD) click here.

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