Resideo Announces Fourth Quarter and Full Year 2020 Financial Results

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Resideo Technologies, Inc. (REZI) Misses Q4 EPS by 22c, Revenues Beat; Offers FY21 Revenues Outlook

February 25, 2021 6:38 AM EST

Resideo Technologies, Inc. (NYSE: REZI) reported Q4 EPS of $0.44, $0.22 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.45 billion.

Fourth Quarter 2020 Highlights

Net revenue of $1.5 billion, up 15% from $1.3 billion in the prior yearOperating profit of $152 million, compared to operating profit of $72 million in the prior yearNet income of $59 million, compared to a net... More