Mohawk's (MHK) Q1 Earnings Likely to Decline: Factors to Note
MHKMohawk(MHK) Zacks Investment Research·2024-04-24 02:45

Mohawk Industries, Inc. (MHK) is scheduled to report first-quarter 2024 results on Apr 25, after market close. In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 6% and increased 48.5% year over year. Net sales beat the consensus estimate by 1.3% but dropped 1.5% from the year- ago quarter’s levels. MHK’s earnings surpassed expectations in each of the trailing four quarters, with an average of 12.5%. Trend in Estimate Revision The Zacks Consensus Estimate fo ...