Trex Company Reports Record Results for First Quarter 2022

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Credit Suisse Upgrades Trex (TREX) to Neutral 'on More Attractive Valuation'

May 10, 2022 4:27 PM EDT

Credit Suisse analyst Daniel Oppenheim upgraded Trex (NYSE: TREX) from Underperform to Neutral with a price target of $65.00.

The analyst comments "Were upgrading TREX to Neutral from Underperform and maintaining our target price of $65 based on better than expected results in... More

Trex (TREX) Tops Q1 EPS by 8c

May 9, 2022 4:16 PM EDT

Trex (NYSE: TREX) reported Q1 EPS of $0.62, $0.08 better than the analyst estimate of $0.54. Revenue for the quarter came in at $339 million versus the consensus estimate of $326.87 million.

GUIDANCE:

Trex sees Q2 2022 revenue of $375-385 million, versus the consensus of $376.52... More