Mohawk Industries (MHK) Beats Q1 Earnings and Revenue Estimates

Mohawk Industries (MHK) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.41%. A quarter ago, it was expected that this flooring maker would post earnings of $1.85 per share when it actually produced earnings of $1.96, delivering a surprise of 5.95%.Over the last four quarters, the co ...