Mohawk Industries (MHK) came out with quarterly earnings of $2.90 per share, beating the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $2.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.35%. A quarter ago, it was expected that this flooring maker would post earnings of $2.76 per share when it actually produced earnings of $3, delivering a surprise of 8.70%.Over the last four quarters, the compa ...

NEWS RELEASE For Release: Immediately Contact: James Brunk, Chief Financial Officer (706) 624-2239 MOHAWK INDUSTRIES REPORTS Q3 RESULTS Calhoun, Georgia, October 24, 2024 — Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share ("EPS") of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus th ...

CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share (“EPS”) of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of 2023, the Company reported net sales of $2.8 billion, a net loss of $760 million an ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Mohawk Industries (MHK) , which belongs to the Zacks Textile - Home Furnishing industry, could be a great candidate to consider.This flooring maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.05%.For the most recent quarter, Mohawk Indust ...

Mohawk Industries, Inc. (MHK) is scheduled to report results for the third quarter of 2024 on Oct. 24, after market close.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate and rose 8.7% year over year. Net sales missed the consensus estimate by 1.5% and decreased 5.1% from the year-ago level.MHK’s earnings surpassed expectations in each of the trailing four quarters, delivering an average ...

Analysts on Wall Street project that Mohawk Industries (MHK) will announce quarterly earnings of $2.89 per share in its forthcoming report, representing an increase of 6.3% year over year. Revenues are projected to reach $2.7 billion, declining 2.5% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior t ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Mohawk Industries (MHK) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Mohawk Industries is a member of our Consumer Discretionary group, which includes 272 different companies and currently sits at #9 in the Zacks Sect ...

, Oct. 12, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc.NYSE: MHK 2024 10 24 2024 2024 10 25 1-877-344-75291-855-669-9658 1-412-317-0088 ID5581374 2024 11 22 mohawkind.com "" MOHAWK Mohawk Industries Mohawk American OleanDaltileDurkanElianeElizabethFeltexGodfrey HirstKarastanMarazziMohawkMohawk GroupPergoQuick-StepUnilin Vitromex Mohawk Mohawk Industries, Inc. James Brunk 706-624-2239 Mohawk Industries, Inc. 2024   2024 10 25  11:00   www.mohawkind.com  ""   ——  https://dpregister.com/sreg/1019 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Devel ...