Trex (TREX) Tops Q1 EPS by 8c

Trex (NYSE: TREX) reported Q1 EPS of $0.62, $0.08 better than the analyst estimate of $0.54. Revenue for the quarter came in at $339 million versus the consensus estimate of $326.87 million.

GUIDANCE:

Trex sees Q2 2022 revenue of $375-385 million, versus the consensus of $376.52 million. For full year 2022, we expect double-digit revenue growth. We also reaffirm our guidance for full year 2022 incremental EBITDA margin of 30% to 35%.

For earnings history and earnings-related data on Trex (TREX) click here.

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