Core Viewpoint - Resideo Technologies reported quarterly earnings of 0.48 per share a year ago [1]. Financial Performance - The company achieved revenues of 1.54 billion year-over-year [2]. - Over the last four quarters, Resideo has surpassed consensus EPS estimates three times and topped revenue estimates four times [2]. Stock Performance - Resideo Technologies shares have declined approximately 5.2% since the beginning of the year, contrasting with the S&P 500's gain of 4.5% [3]. - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is 1.74 billion, and for the current fiscal year, it is 7.35 billion [7]. - The estimate revisions trend for Resideo Technologies is mixed, which may change following the recent earnings report [6]. Industry Context - The Security and Safety Services industry, to which Resideo belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].
Resideo Technologies (REZI) Q4 Earnings Match Estimates