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Trex Company, $TREX, 4Q-24. Results: 📊EPS: $0.09 🟢 💰Revenue: $167.63M🟢 🔎Despite lower channel inventory levels impacting revenue, Trex's full-year results showed strong growth, with record product launches and expanded distribution partnerships
$KBR Guidance: "For fiscal 2025, we're issuing the following. We expect revenue in the range of $8.7 billion to $9.1 billion, representing an increase of 15% at the midpoint. We anticipate adjusted EBITDA of [ $950 ] million to $990 million, an increase of 11% at the midpoint.… https://t.co/adBA9aRO4m
$TREX Guidance: "For the full year 2025, we expect net sales to be in the range of $1.21 billion to $1.23 billion, representing a year-over-year growth of 5% to 7%. The -- as a reminder, in 2024, we shifted the timing of our Early Buy Program to January, which means that our… https://t.co/x5KtdP7XRs
Trex Company (NYSE: TREX) reported its fourth-quarter 2024 earnings, revealing a GAAP EPS of $0.09, surpassing the $0.05 estimate. Revenue for the quarter was $167.63 million, exceeding expectations of $160.37 million. Following the earnings announcement, Trex's shares rose by 6%. The company also provided guidance for fiscal year 2025, projecting net sales between $1.21 billion and $1.23 billion, indicating a year-over-year growth of 5% to 7%. Despite challenges such as lower channel inventory levels impacting revenue, Trex's full-year results showcased strong growth, attributed to record product launches and expanded distribution partnerships.
