American Woodmark (AMWD) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS
American Woodmark (NASDAQ:AMWD) issued its quarterly earnings results on Friday. The company reported $1.23 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.01), Briefing.com reports. The firm had revenue of $274.80 million for the quarter, compared to the consensus estimate of $280.60 million. American Woodmark had a net margin of 6.85% and a return on equity of 20.89%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.10 earnings per share.
American Woodmark (NASDAQ AMWD) opened at $127.70 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.45 and a quick ratio of 3.00. The company has a market cap of $1,618.49, a PE ratio of 22.90 and a beta of 1.57. American Woodmark has a one year low of $69.65 and a one year high of $136.05.
A number of brokerages have commented on AMWD. Zacks Investment Research downgraded shares of American Woodmark from a “buy” rating to a “sell” rating in a research note on Tuesday, October 24th. BidaskClub downgraded shares of American Woodmark from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th.
American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.
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