Trex (TREX) PT Raised to $80 at FBR Capital Following 2Q EPS Beat
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Trex (TREX) Acquires SC Company
July 31, 2017 4:03 PM EDTTrex Company, Inc. (NYSE: TREX), the worlds number-one brand of decking and railing and leader in high-performance, low maintenance outdoor living products, today announced that it has closed the acquisition of SC Company.
Based in Brooklyn Park, a Minneapolis suburb, SC Company is the market leader in the design, engineering and marketing of modular and architectural railing systems and solutions for the commercial and multifamily markets and is a leading provider of staging, acoustical and seating systems for commercial markets, including sports stadiums and performing arts venues. SC Company is projected to have annual... More
Trex (TREX) Tops Q2 EPS by 9c, Acquiring SC Company, Transaction To Be Immediatley Accretive To EBITDA
July 31, 2017 4:02 PM EDTTrex (NYSE: TREX) reported Q2 EPS of $0.97, $0.09 better than the analyst estimate of $0.88. Revenue for the quarter came in at $157.94 million versus the consensus estimate of $160.46 million.
GUIDANCE:
Trex sees Q3 2017 revenue of $126 million.
For earnings history and earnings-related data on Trex (TREX) click here.
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