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AZEK Fiscal Q3 Adjusted EPS, Net Sales Rise; Full Year Sales Outlook Updated
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AZEK Fiscal Q3 Adjusted EPS, Net Sales Rise; Full Year Sales Outlook Updated
Aug 7, 2024 2:26 PM

05:08 PM EDT, 08/07/2024 (MT Newswires) -- AZEK ( AZEK ) reported fiscal Q3 adjusted diluted earnings Wednesday of $0.42 per share, up from $0.30 a year earlier.

Analysts surveyed by Capital IQ expected $0.36.

Net sales for the quarter ended June 30 were $434.4 million, up from $387.6 million a year ago.

Analysts polled by Capital IQ expected $396.7 million.

AZEK ( AZEK ) said it expects fiscal Q4 net sales of $329 million to $345 million.

Analysts surveyed by Capital IQ expect $374.9 million.

Meanwhile, the company raised the lower end of its fiscal 2024 net sales guidance, updating it to $1.42 billion to $1.44 billion from $1.41 to $1.44 billion previously.

Analysts polled by Capital IQ expect $1.43 billion.

Shares of AZEK ( AZEK ) rose 4% in after-hours trading.

Price: 38.30, Change: +1.49, Percent Change: +4.05

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