American Woodmark Corporation (AMWD) Releases Earnings Results, Misses Expectations By $-0.04 EPS

American Woodmark Corporation (AMWD) announced its most recent quarterly financial results on Tuesday, Nov-22-2016. AMWD reported $1.10 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $1.14. The company posted revenue of $264.10 million in the period, compared to analysts expectations of $273.50 million. AMWD’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS.

American Woodmark Corporation opened for trading at $81.75 and hit $83 on the upside on Monday, eventually ending the session at $82.7, with a gain of 1.35% or 1.1 points. The heightened volatility saw the trading volume jump to 1,20,057 shares. Company has a market cap of $1,349 M.

In a different news, on Aug 30, 2016, Kent Guichard (CHAIRMAN OF THE BOARD) sold 12,502 shares at $85.05 per share price. According to the SEC, on Aug 29, 2016, James G Davis (director) sold 5,000 shares at $85.37 per share price. On Aug 29, 2016, Vance W Tang (director) sold 1,400 shares at $86.15 per share price, according to the Form-4 filing with the securities and exchange commission.

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 600 different cabinet lines ranging from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces. The product offering of stock cabinets includes 85 door designs in 19 colors. Stock cabinets consist of cabinet interiors of a range of dimensions and construction options and a maple oak cherry or hickory front frame door and/or drawer front. The Company’s products are sold under the brand names of American Woodmark Timberlake Shenandoah Cabinetry Potomac and Waypoint Living Spaces.

American Woodmark Corporation

Leave a Reply

American Woodmark Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on American Woodmark Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.