Mohawk Industries (MHK) Tops Q4 EPS by 3c, Revenues Beat

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Go back to Mohawk Industries (MHK) Tops Q4 EPS by 3c, Revenues Beat

Mohawk Industries Reports Q4 Results

February 7, 2019 4:15 PM EST

CALHOUN, Ga., Feb. 7, 2019 /PRNewswire/ -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2018 fourth quarter net earnings of $229 million and diluted earnings per share (EPS) of $3.05. Adjusted net earnings were $188 million and EPS was $2.53, excluding restructuring, acquisition and other charges, a 26% decrease from last year. Net sales for the fourth quarter of 2018 were $2.45 billion, up 3% in the quarter and 5% on a constant currency basis. For the fourth quarter of 2017, net sales were $2.37 billion, net earnings were $240 million and EPS was $3.21; adjusted net earnings were $256 million, and EPS was $3.42, excluding restructuring, acquisition and other... More