AZEK's Q4 Earnings & Sales Top Estimates, Adjusted EBITDA Down Y/Y
The AZEK Company(AZEK) ZACKS·2024-11-21 01:56
The AZEK Company Inc. (AZEK) reported better-than-expected fourth-quarter fiscal 2024 (ended Sept. 30, 2024) results, wherein adjusted earnings and net sales topped the Zacks Consensus Estimate. However, both metrics declined year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The year-over-year decline in the top-line performance was due to soft contributions from both the reportable segments of the company. Furthermore, the $35 million shift in earlier product purchases ...