Resideo Technologies (REZI) Scheduled to Post Earnings on Thursday

Resideo Technologies (NYSE:REZI) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Resideo Technologies to post earnings of $0.47 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. Resideo Technologies had a return on equity of 10.32% and a net margin of 2.85%. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the company earned $0.34 earnings per share. The firm’s revenue was down .8% on a year-over-year basis. On average, analysts expect Resideo Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Resideo Technologies Price Performance

Shares of Resideo Technologies stock opened at $20.08 on Tuesday. The stock has a 50 day moving average of $19.81 and a 200 day moving average of $20.16. Resideo Technologies has a 12 month low of $15.44 and a 12 month high of $23.43. The firm has a market cap of $2.94 billion, a PE ratio of 17.02 and a beta of 2.09. The company has a current ratio of 1.81, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70.

Analyst Ratings Changes

Separately, Evercore ISI assumed coverage on Resideo Technologies in a report on Friday, August 9th. They issued an “outperform” rating and a $25.00 price target on the stock.

About Resideo Technologies

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.