Mohawk Industries (MHK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Mohawk Industries (MHK) reported $2.72 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 1.7%. EPS of $2.90 for the same period compares to $2.72 a year ago.
Mohawk Industries reports Q3 adjusted EPS $2.90, consensus $2.89
Reports Q3 revenue $2.72B, consensus $2.7B. Commenting on the company’s third quarter results, Chairman and CEO Jeff Lorberbaum stated,
Mohawk Q3 2024 Sales Down 1.7%, Earnings Up
Calhoun, GA, October 25, 2024-- Mohawk announced Q3 2024 net sales were $2.7 billion, a decrease of 1.7% compared to net sales of $2.8 billion in Q3 2023. Net earnings for Q3 2024 were $162 million, compared to a net loss of $760.4 million in the same period last year.
Mohawk Industries: Q3 Earnings Snapshot
CALHOUN, Ga. (AP) — CALHOUN, Ga. (AP) — Mohawk Industries Inc. (MHK) on Thursday reported third-quarter profit of $162 million. The Calhoun, Georgia-based company said it had profit of $2.55 per share. Earnings, adjusted for one-time gains and costs, came to $2.90 per share.
Mohawk Industries Reports Q3 Results
As our markets recover, we will leverage the extensive improvement that we have implemented to maximize our sales and margins.” Mohawk Industries is the leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world.
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What’s Fueling Mohawk Industries Inc (MHK) Stock’s 19.90% Gain Above Its 200-Day SMA?
In recent trading, Mohawk Industries Inc (MHK) stock price has shown some volatility, fluctuating -4.33% over the last five trades and -3.15% over the past 30 trades. This represents a notable shift ...
Mohawk Shares Fall Nearly 10% After Warning of Hurricane Hurting 4Q Sales
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Mohawk Industries (NYSE:MHK) Upgraded at Baird R W
Baird R W upgraded shares of Mohawk Industries (NYSE:MHK – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday, Zacks.com reports. Several other ...
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Earnings Outlook For Mohawk Industries
Mohawk Industries MHK is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release. Analysts are estimating ...
Mohawk Is Worst-Performing Stock in the S&P 500 on Friday. Demand for Flooring Takes Hit.
Mohawk Industries CEO Jeff Lorberbaum says consumer confidence and discretionary spending have been hit by ‘global conflicts, ...