Trex Company Reports Second Quarter 2020 Results

Go back to Trex Company Reports Second Quarter 2020 Results

Trex (TREX) Tops Q2 EPS by 16c, Offers Guidance, Plans 2-for-1 Split

August 3, 2020 4:04 PM EDT

Trex (NYSE: TREX) reported Q2 EPS of $0.81, $0.16 better than the analyst estimate of $0.65. Revenue for the quarter came in at $221 million versus the consensus estimate of $200.73 million.

GUIDANCE:

Trex sees Q3 2020 revenue of $215-225 million, versus the consensus of $193.9 million.

First half results give us confidence that 2020 will be another year of strong growth for Trex. Additionally, market leadership, brand recognition and strong channel partnerships have enabled Trex to... More