Trex Company Reports Record Results for First Quarter 2022

Go back to Trex Company Reports Record Results for First Quarter 2022

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