Resideo Announces Third Quarter 2018 Financial Results

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Go back to Resideo Announces Third Quarter 2018 Financial Results

Resideo Technologies, Inc. (REZI) Reports Q3 EPS of $2.53, Revenues Miss; Offers FY18 Revenue Guidance Below Consensus

November 13, 2018 4:03 PM EST

Resideo Technologies, Inc. (NYSE: REZI) reported Q3 EPS of $2.53, versus $0.54 reported last year. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.31 billion.

"Resideo had a solid third quarter as part of Honeywell, preceding a successfully executed spinoff," said Mike Nefkens, president and CEO of Resideo. "While our performance has already been released to the market through Honeywell\'s recent earnings as part of their broader segment... More