08.02.2024 22:25:15 - dpa-AFX: Mohawk Industries Inc Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Mohawk Industries Inc (MHK) announced a profit for
its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $139.49 million, or $2.18 per share. This
compares with $33.46 million, or $0.52 per share, in last year's fourth quarter.

Excluding items, Mohawk Industries Inc reported adjusted earnings of $125.26
million or $1.96 per share for the period.

Analysts on average had expected the company to earn $1.86 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.5% to $2.61 billion from $2.65
billion last year.

Mohawk Industries Inc earnings at a glance (GAAP) :

-Earnings (Q4): $139.49 Mln. vs. $33.46 Mln. last year.
-EPS (Q4): $2.18 vs. $0.52 last year.
-Analyst Estimate: $1.86
-Revenue (Q4): $2.61 Bln vs. $2.65 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MOHAWK INDS INC. DL-,01 885067 Frankfurt 99,000 27.06.24 09:08:27 +0,500 +0,51% 0,000 0,000 99,000 98,500

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