JELD-WEN Holding, Inc. (JELD) Misses Q2 EPS by 12c, Revenues Beat; Lowers FY18 Adj. EBITDA Views
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JELD-WEN Announces Second Quarter 2018 Results and Updates 2018 Outlook
August 7, 2018 6:00 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three and six months ended June 30, 2018 and updated its 2018 outlook.
Second Quarter Summary:
Net revenues for the second quarter increased 23.6%, driven primarily by a 19% increase from acquisitions and 3% from core growth Net income for the second quarter was $35.5 million, a decrease of $11.3 million Diluted earnings per share ("EPS") for the second quarter was $0.33, a decrease of $0.10 and adjusted EPS amounted to $0.45, a decrease of $0.06... More