JELD-WEN Holding, Inc. (JELD) Tops Q1 EPS by 3c, Revenues Beat

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Go back to JELD-WEN Holding, Inc. (JELD) Tops Q1 EPS by 3c, Revenues Beat

JELD-WEN Announces First Quarter 2020 Results

May 5, 2020 6:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three months ended March 28, 2020, including net revenues of $979.2 million, net loss of $0.2 million, adjusted EBITDA of $74.5 million, earnings per share ("EPS") of $0.00, and adjusted EPS of $0.13.

Highlights:

Net revenues for the first quarter decreased 3.1% year-over-year to $979.2 million, unfavorably impacted by volume/mix in each segment Adjusted EBITDA margins of 7.6%, slightly ahead of previous outlook Implemented comprehensive COVID-19 response plan with cost savings measures globally, while also prioritizing associate safety and... More