Upgrade to SI Premium - Free Trial

American Woodmark (AMWD) Misses Q4 EPS by 18c, Revenues Beat

May 26, 2020 6:31 AM

American Woodmark (NASDAQ: AMWD) reported Q4 EPS of $1.33, $0.18 worse than the analyst estimate of $1.51. Revenue for the quarter came in at $399.2 million versus the consensus estimate of $373.22 million.

"We are very pleased with our overall performance, despite the challenges presented related to COVID-19," said Cary Dunston, Chairman and CEO. "Although we did experience limited disruption in our operations that impacted our ability to ship stock product, our teams have done an amazing job of creating safe working environments to allow us to continue to operate throughout the pandemic. While net revenue was down slightly for the quarter, we had nice growth in our builder business. In addition, demand on our stock business remains strong with our plants now fully operational."

For earnings history and earnings-related data on American Woodmark (AMWD) click here.

Categories

Corporate News Earnings Management Comments

Next Articles