Resideo Technologies (REZI) Projected to Post Earnings on Thursday

Resideo Technologies (NYSE:REZI) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.38 per share and revenue of $1.74 billion for the quarter. Resideo Technologies has set its FY 2025 guidance at 2.230-2.470 EPS and its Q1 2025 guidance at 0.270-0.330 EPS.

Resideo Technologies (NYSE:REZI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.84 billion. 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 Performance

REZI opened at $15.43 on Thursday. The firm’s 50-day moving average price is $17.60 and its 200-day moving average price is $21.36. The company has a market cap of $2.28 billion, a P/E ratio of 24.49 and a beta of 2.04. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Resideo Technologies has a 52-week low of $14.18 and a 52-week high of $28.28.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut shares of Resideo Technologies from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $31.00 to $16.00 in a report on Tuesday.

About Resideo Technologies

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.