Mohawk Industries Reports Q4 Results
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Mohawk Industries (MHK) Tops Q4 EPS by 5c
February 13, 2020 4:18 PM ESTMohawk Industries (NYSE: MHK) reported Q4 EPS of $2.25, $0.05 better than the analyst estimate of $2.20. Revenue for the quarter came in at $2.42 billion versus the consensus estimate of $2.42 billion.
Commenting on Mohawk Industries fourth quarter performance, Jeffrey S. Lorberbaum, Chairman and CEO, stated, Our fourth quarter results were as we expected, with sales flat to last year and very strong cash generation. Operating and free cash flow for the quarter were $440 million and $300 million, respectively. For the full year, operating and free cash flow were about $1.4 billion and $870 million, respectively. Our leverage is approaching... More
