PGTI Reports Third Quarter and Year-To-Date 2018 Results

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PGT, Inc. (PGTI) Tops Q3 EPS by 11c, Revenues Beat; Raises FY18 EPS/Revenue Outlooks Above Consensus

November 1, 2018 7:41 AM EDT

PGT, Inc. (NYSE: PGTI) reported Q3 EPS of $0.38, $0.11 better than the analyst estimate of $0.27. Revenue for the quarter came in at $199 million versus the consensus estimate of $163.61 million.

Net sales of $199 million, an increase of $72 million, or 57 percentGross margin of 36.7 percent, compared to 31.3 percentNet income of $13.6 million, compared to $6.3 millionAdjusted net income of $20.1 million, compared to $8.1 millionNet income per diluted share of $0.26, compared to $0.12Adjusted net income per diluted share of $0.38, compared to $0.16

The third quarter was the start of... More