Trex (TREX) Tops Q3 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/26/2026
- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- FDA approves Tylenol with Naproxen as first OTC combo pain reliever
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Nasdaq lags on angst over AI spending ahead of earnings reports
Trex Company Reports Strong Results in Third Quarter 2021
November 8, 2021 4:05 PM ESTRobust Repair and Remodel Activity and Strong Demand for Trex Decking and Railing Products Drive 45% Revenue Growth
Strong Net Income Bolstered by Strong Operating Leverage
Announced Plans for Third Production Site to Address Long-Term Demand Trends and Pursue New Growth Opportunities
Fourth Quarter Consolidated Sales Expected at $295 Million to $305 Million, Up 31% Year-on-Year at the Mid-Point
Third Quarter 2021 Highlights
- Consolidated net sales increased 45% to $336 million
- Net income grew 73% to $74 million; diluted earnings per share of $0.64, up 73%
- EBITDA grew 76%... More
