JELD-WEN Holding Inc (JELD) Q3 2024 Earnings Report Preview: What to Expect

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Nov 01, 2024
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JELD-WEN Holding Inc (JELD, Financial) is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is $990.75 million, and the earnings are expected to come in at $0.39 per share. The full year 2024's revenue is expected to be $3.91 billion and the earnings are expected to be $0.60 per share. More detailed estimate data can be found on the Forecast page.

JELD-WEN Holding Inc (JELD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for JELD-WEN Holding Inc (JELD) for the full year 2024 have declined from $4.02 billion to $3.91 billion, and for 2025 from $4.12 billion to $4.01 billion. Earnings estimates have also seen adjustments; for the full year 2024, estimates declined from $0.78 per share to $0.60 per share, while for 2025, they increased from $1.41 per share to $1.54 per share.

JELD-WEN Holding Inc (JELD, Financial) Reported History

In the previous quarter of June 30, 2024, JELD-WEN Holding Inc's (JELD) actual revenue was $986 million, which missed analysts' revenue expectations of $1.00 billion by -1.58%. JELD-WEN Holding Inc's (JELD) actual earnings were -$0.22 per share, which missed analysts' earnings expectations of $0.178 per share by -223.60%. After releasing the results, JELD-WEN Holding Inc (JELD) was down by -0.34% in one day.

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JELD-WEN Holding Inc (JELD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 10 analysts, the average target price for JELD-WEN Holding Inc (JELD) is $16 with a high estimate of $21 and a low estimate of $12. The average target implies an upside of 12.99% from the current price of $14.16.

Based on GuruFocus estimates, the estimated GF Value for JELD-WEN Holding Inc (JELD, Financial) in one year is $15, suggesting an upside of 5.93% from the current price of $14.16.

Based on the consensus recommendation from 11 brokerage firms, JELD-WEN Holding Inc's (JELD, Financial) average brokerage recommendation is currently 3.2, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.