PGTI Reports 2019 Fourth Quarter and Fiscal Year Results

Go back to PGTI Reports 2019 Fourth Quarter and Fiscal Year Results

PGT, Inc. (PGTI) Tops Q4 EPS by 1c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus, Affirms FY20 EPS Views

February 25, 2020 7:33 AM EST

PGT, Inc. (NYSE: PGTI) reported Q4 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $175 million versus the consensus estimate of $165.47 million.

Financial Highlights for 2019 Compared to 2018

Fourth quarter 2019 net sales were $175 million, compared to $190 million; Full year 2019 net sales were $745 million, compared to $698 million, including a net increase of $89 million from Western Window SystemsFourth quarter 2019 net income was $3 million, compared to $10 million; Fourth quarter 2019 adjusted net income was $6 million, compared to $12 millionFourth quarter 2019 net income per diluted share was $0.06, compared to $0.18; Fourth quarter... More