JELD-WEN: Q1 Earnings Snapshot
By AP News
Published - May 08, 2023, 05:39 PM ET
Last Updated - Jun 21, 2023, 09:52 PM EDT
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — JELD-WEN Holding, Inc. (JELD) on Monday reported first-quarter net income of $15.1 million.
On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 18 cents. Earnings, adjusted for one-time gains and costs, were 35 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The company posted revenue of $1.22 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.1 billion.
