Yahoo Finance PGT Innovations Full Year 2022 Earnings: EPS Misses Expectations
PGT Innovations (NYSE:PGTI) Full Year 2022 Results
Key Financial Results
Revenue: US$1.49b (up 28% from FY 2021).
Net income: US$98.9m (up 269% from FY 2021).
Profit margin: 6.6% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue.
EPS: US$1.65 (up from US$0.45 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PGT Innovations EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.0% growth forecast for the Building industry in the US.
Performance of the American Building industry.
The company's shares are down 6.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for PGT Innovations you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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