Stock Track | JELD-WEN Holding Plummets 5.91% After Disappointing Q4 Earnings Miss

Stock Track

Feb 18, 2025

Shares of JELD-WEN Holding Inc. (JELD) plunged 5.91% in pre-market trading on Tuesday after the company reported disappointing fourth quarter earnings results that missed analyst expectations.

The Charlotte-based door and window manufacturer reported a net loss of $68.4 million or $0.81 per share for Q4, wider than analysts' estimates of a $0.07 per share loss. While revenue of $895.7 million topped forecasts, JELD-WEN's adjusted earnings per share loss of $0.10 fell short of the $0.07 loss expected by analysts.

For the full year 2024, JELD-WEN projected revenue in the range of $3.2 billion to $3.4 billion, below some analysts' expectations. The company has been impacted by higher costs and slowing demand in the housing market.

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(JELD) plunged 5.91% in pre-market trading on Tuesday after the company reported disappointing fourth quarter earnings results that missed analyst expectations.</p>\n\n<p>The Charlotte-based door and window manufacturer reported a net loss of $68.4 million or $0.81 per share for Q4, wider than analysts' estimates of a $0.07 per share loss. While revenue of $895.7 million topped forecasts, JELD-WEN's adjusted earnings per share loss of $0.10 fell short of the $0.07 loss expected by analysts.</p>\n\n<p>For the full year 2024, JELD-WEN projected revenue in the range of $3.2 billion to $3.4 billion, below some analysts' expectations. The company has been impacted by higher costs and slowing demand in the housing market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JELD","symbol_name":"JELD-WEN Holding Inc.","start_time":0,"source_url":"","article_id":"1182501003","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182501003","pubTimestamp":1739889164,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of JELD-WEN Holding Inc.  plunged 5.91% in pre-market trading on Tuesday after the company reported disappointing fourth quarter earnings results that missed analyst expectations.The Charlotte-based door and window manufacturer reported a net loss of $68.4 million or $0.81 per share for Q4, wider than analysts' estimates of a $0.07 per share loss. 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