Cornerstone Building Brands (NYSE: CNR) reported Q4 EPS of $0.11, $0.10 better than the analyst estimate of $0.01. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.2 billion.

Guidance

First-Quarter 2020 Guidance

• The Company anticipates mid single-digit growth in net sales over pro forma first quarter 2019 in the combined Windows and Siding segments and about flat net sales in the Commercial segment.
• Adjusted EBITDA1 is expected to be between $75 million and $90 million.

Additional Fiscal Year 2020 Guidance

We expect:

• Capital expenditures to be between 2.0 percent and 2.5 percent of net sales.
• Cash interest of approximately $200 million.
• Effective tax rate of approximately 30 percent; cash taxes of approximately $60 million.
• Benefits from primary working capital improvement to generate approximately $50 million of cash.
• To incur approximately $25 million of restructuring costs to achieve $60 million of savings.

For earnings history and earnings-related data on Cornerstone Building Brands (CNR) click here.