Exhibit 99.1 May 8, 2024 The AZEK Company Announces Preliminary Second Quarter and Year-To-Date Fiscal 2024 Results; Raising Fiscal 2024 Outlook Strong Second Quarter Performance Driven by Residential Segment Execution, Increasing Brand Momentum and Realization of Margin Expansion Initiatives Growth Initiatives, including New Product Introductions, Consumer Engagement and Shelf Space Gains in Residential Pro and Retail Channels Driving Sustained Business Growth and Material Conversion PRELIMINARY FINANCIAL ...

The AZEK Company Inc. (AZEK) is scheduled to report second-quarter fiscal 2024 results on May 8 after the closing bell.In the last reported quarter, the company’s adjusted earnings and net sales topped the Zacks Consensus Estimate by 100% and 2.7%, respectively.The company’s earnings surpassed expectations in each of the trailing four quarters, the average surprise being 41%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for AZEK’s fiscal second-quarter adjusted earnings per share has moved up t ...

Wall Street analysts expect The AZEK Company (AZEK) to post quarterly earnings of $0.38 per share in its upcoming report, which indicates a year-over-year increase of 111.1%. Revenues are expected to be $414.7 million, up 9.8% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Pri ...

In the latest market close, The AZEK Company (AZEK) reached $45, with a +0.63% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.87%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, added 1.11%.The the stock of company has fallen by 9.62% in the past month, lagging the Construction sector's loss of 5.9% and the S&P 500's loss of 3.97%.The investment community will be closely monitoring the performance of The AZEK Company in its forthcoming earnings re ...

A downtrend has been apparent in The AZEK Company (AZEK) lately with too much selling pressure. The stock has declined 9.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, fo ...

The AZEK Company (AZEK) closed at $46.20 in the latest trading session, marking a -0.13% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.The the stock of company has fallen by 2.92% in the past month, lagging the Construction sector's loss of 1.74% and the S&P 500's loss of 0.9%.The investment community will be paying close attention to the earnings performance of The AZE ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today April 16th:Sterling Infrastructure, Inc. (STRL) : This company which specializes in E-Infrastructure, Building and Transportation Solutions principally in the United States, primarily across the Southern, Northeastern, Mid-Atlantic and the Rocky Mountain States, California and Hawaii, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasi ...

The Zacks Building Products - Air Conditioner & Heating industry stands at a strategic vantage point to leverage the prevailing mega-trends and opportunities tied to the energy transition and the burgeoning pro-environmental movement. As we progress into 2024 and beyond, companies within this industry are witnessing a surge in demand for renewable energy solutions, presenting lucrative avenues for expansion. Despite grappling with inflationary pressures, key players such as Comfort Systems USA, Inc. (FIX) a ...

The AZEK Company (AZEK) closed the latest trading day at $50.17, indicating a +0.82% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq appreciated by 0.03%.Coming into today, shares of the company had gained 1.76% in the past month. In that same time, the Construction sector gained 4.37%, while the S&P 500 gained 2.57%.The upcoming earnings release of The AZEK Company wi ...

Wirestock/iStock via Getty Images The Thesis The AZEK Company (NYSE:AZEK) experienced robust growth in the decking business during the quarter. Sell-through growth was also strong, which benefited the company's topline. I believe this growth to continue further in FY24 benefiting the company's revenue in the near term. The long term also looks good due to anticipated benefits from strategic initiatives including new product development and shelf space share gains, strong market position of the company i ...