JELD-WEN: Q4 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — JELD-WEN Holding, Inc. (JELD) on Monday reported a loss of $68.4 million in its fourth quarter.
The Charlotte, North Carolina-based company said it had a loss of 81 cents per share. Losses, adjusted for one-time gains and costs, were 10 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The company posted revenue of $895.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $843.8 million.
For the year, the company reported a loss of $189 million, or $2.22 per share. Revenue was reported as $3.78 billion.
JELD-WEN expects full-year revenue in the range of $3.2 billion to $3.4 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JELD at https://www.zacks.com/ap/JELD