JELD-WEN Holding, Inc. (JELD) Misses Q3 EPS by 11c, Revenues In-Line

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Go back to JELD-WEN Holding, Inc. (JELD) Misses Q3 EPS by 11c, Revenues In-Line

JELD-WEN Announces Third Quarter 2019 Results

November 6, 2019 6:00 AM EST

CHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three and nine months ended September 28, 2019, including third quarter net revenues of $1.092 billion, net income of $17.0 million, adjusted EBITDA of $108.9 million, earnings per share ("EPS") of $0.17 and adjusted EPS of $0.26.

Highlights:

Results were in line with preliminary results announced on October 10, 2019 Net revenues for the third quarter decreased 3.9% year-over-year to $1.092 billion, driven primarily by a 5% headwind from volume/mix Adjusted EBITDA for the third quarter decreased by $23.7 million year-over-year to... More