Trex Company Reports Third Quarter 2019 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Trex Company Reports Third Quarter 2019 Results

Trex (TREX) Tops Q3 EPS by 4c, Revenues Miss; Offers Q4 Revenue Outlook

October 28, 2019 4:17 PM EDT

Trex (NYSE: TREX) reported Q3 EPS of $0.72, $0.04 better than the analyst estimate of $0.68. Revenue for the quarter came in at $195 million versus the consensus estimate of $208.25 million.

Third Quarter Highlights

Consolidated net sales were $195 million, an increase of 17%Consolidated gross margin of 42.4%, up 200 basis pointsConsolidated earnings per share of $0.72 per share, up 44%Strong Demand Led to a 24% Increase in Trex Residential Product Sales --Higher Sales and Continued Sequential Gross Margin Expansion Drove Significant Operating Leverage Double-Digit Year-on-Year Sales Growth Expected for Fourth... More