American Woodmark Corp. (NASDAQ:AMWD) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
American Woodmark Corp. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 514.29% to $0.43 in the quarter versus EPS of $0.07 in the year-earlier quarter.
Revenue: Rose 20.13% to $178.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: American Woodmark Corp. reported adjusted EPS income of $0.43 per share. By that measure, the company beat the mean analyst estimate of $0.33. It beat the average revenue estimate of $174.07 million.
Key Stats (on next page)…
Revenue increased 4.1% from $171.08 million in the previous quarter. EPS increased 19.44% from $0.36 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.32 to a profit $0.37. For the current year, the average estimate has moved up from a profit of $1.22 to a profit of $1.5 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)