Investors and market participants can look forward to the unveiling of Mohawk Industries (NYSE: MHK) third quarter financial results on Thursday 24th October 2024. This important update will be made available after market close.
Financial analysts on Wall Street are anticipating that the firm will announce an estimated $2.88 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $2.7 billion for this period.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $10.77 billion. Additionally, they anticipate the earnings per share to reach profit of $9.97 during the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $2.72. This significant amount was attributed to the company's remarkable total revenue of $2.77 billion generated during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.00 | +8.7% | 2.80 B | -5.1% |
| Q1 2024 | $1.86 | +6.3% | 2.68 B | -4.5% |
| Q4 2023 | $1.96 | +48.5% | 2.61 B | -1.5% |
| Q3 2023 | $2.72 | -18.6% | 2.77 B | -5.2% |
| Q2 2023 | $2.76 | -37.4% | 2.95 B | -6.4% |
| *Growth on year-over-year basis | ||||
MHK has scheduled a conference call on 25th October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
Mohawk Industries (MHK) closed Tuesday's regular trading session at $152.93, indicating a 5.16 percent downfall. The stock fluctuated between $151.19 and $155.56 during the day, with a volume of 1.02 million shares.
