Trex Company Reports Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Trex (TREX) Reports In-Line Q2 EPS, Revenues Beat; Offers Q3 Revenue Guidance Above Consensus
July 29, 2019 4:19 PM EDTTrex (NYSE: TREX) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $206 million versus the consensus estimate of $201.72 million.
Second Quarter Highlights
Consolidated net sales were $206 millionConsolidated gross margin of 40.4%, inclusive of new product start-up and added material cost impacts of approximately 370 basis pointsConsolidated earnings per share of $0.61 per share; exclusive of a one-time severance expense, consolidated earnings per share was $0.64We continued to experience strong demand across our residential product portfolio and sales channels in the second quarter. Significant... More
