Resideo Technologies (REZI) Projected to Post Quarterly Earnings on Tuesday

Resideo Technologies (NYSE:REZI) is expected to issue its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $1.83 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.03. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.82 billion. Resideo Technologies had a net margin of 2.72% and a return on equity of 10.97%. During the same period last year, the business earned $0.41 EPS. On average, analysts expect Resideo Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Resideo Technologies Stock Down 2.2 %

Resideo Technologies stock opened at $21.53 on Monday. Resideo Technologies has a 52 week low of $16.91 and a 52 week high of $28.28. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 19.39 and a beta of 2.15. The company’s 50-day moving average price is $23.93 and its two-hundred day moving average price is $22.03.

Insiders Place Their Bets

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the sale, the insider now directly owns 458,928 shares in the company, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.50% of the company’s stock.

Resideo Technologies Company Profile

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.