JELD-WEN Holding, Inc. (JELD) Misses Q4 EPS by 4c, Revenues Beat
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JELD-WEN Announces Fourth Quarter and Full Year 2019 Results and Provides 2020 Outlook; Foundation Set for Revenue Growth and Margin Expansion
February 18, 2020 6:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three months and full year ended December 31, 2019, including fourth quarter net revenues of $1.069 billion, net income of $7.8 million, adjusted EBITDA of $89.2 million, earnings per share ("EPS") of $0.08, and adjusted EPS of $0.24.
Highlights:
Net revenues for the fourth quarter decreased 2.1% year-over-year to $1.069 billion, unfavorably impacted by sequential weakness in Australia residential new construction demand and foreign currency Fourth quarter core revenue growth in North America of 1% demonstrates improving North America residential new... More