American Woodmark Corporation (NASDAQ:AMWD) is expected to report second quarter earnings results, before market open, on Tuesday 24th November 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.85 per share from revenue of $ 448.06 million.
Looking ahead, the full year income are expected at $ 6.53 per share on the revenues of $ 1678.89 million.
Previous Quarter Performance
American Woodmark Corporation came out with income for the first quarter of $ 1.66 per share, from the revenue of $ 390.09 million. The quarterly earnings dropped 22.07 percent compared with the same quarter last year. Street analysts expected American Woodmark Corporation to report income of $ 1.33 per share on revenue of $ 383.60 million for the first quarter. The bottom line results beat street analysts by $ 0.33 or 24.81 percent, at the same time, top line results outshined analysts by $ 6.49 million or 1.69 percent.
Stock Performance
Shares of American Woodmark Corporation traded up $ 6.25 or 6.35 percent on Monday, reaching $ 104.70 with volume of 240.00 thousand shares. American Woodmark Corporation has traded high as $ 105.32 and has cracked $ 99.75 on the downward trend
According to the previous trading day, closing price of $ 104.70, representing a 178.90 % increase from the 52 week low of $ 35.30 and a 16.36 % decrease over the 52 week high of $ 117.70.
The company has a market capital of $ 1.78 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Conference Call
American Woodmark Corporation will be hosting a conference call at 11:00 AM eastern time on 24th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.americanwoodmark.com
American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodelling and new home construction markets in the United States. The company offers made-to-order cabinetry in approximately 550 cabinet lines, which include 100 door designs in a range of painted or stained finishes, or engineered finishes under the Duraform name; and fronts made in various wood species, including maple, cherry, and oak, as well as engineered materials. It also provides value-based assembled cabinet products for stock kitchen and bath; ready-to-assemble cabinetry for home organization; and countertops and accessories.
