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0.000358808754933676 0.000229637603157619 0.000358808754933676 0.0118406889128095 0.0190168640114819 0.0376749192680302 -0.00897021887334051 -0.0304987441693577
Stock impact report

Why JELD-WEN (JELD) Shares Are Plunging Today [Yahoo! Finance]

JELD-WEN Holding, Inc. (JELD) 
Last jeld-wen holding, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.jeld-wen.com
Company Research Source: Yahoo! Finance
In This Article JELD Why JELD-WEN (JELD) Shares Are Plunging Today What Happened? Shares of building products manufacturer JELD-WEN (NYSE:JELD) fell 17.7% in the morning session after the company reported weak fourth-quarter results and provided full-year revenue and EBITDA guidance below Wall Street's estimates. Revenue fell 12.3% y/y, reflecting weaker market demand and a shift toward lower-priced products. Margins deteriorated, with adjusted EBITDA margin shrinking significantly as higher labor and materials costs outweighed efficiency gains. Looking ahead, the company expects another challenging year, guiding for a revenue decline of 4% to 9% and EBITDA between $215 million and $265 million, well below consensus estimates. On the other hand, JELD blew past analysts' organic revenue and EBITDA expectations this quarter. Overall, this was a softer quarter due to the outlook. The stock market overreacts to news, and big price drops can present good opportunities to buy Show less Read more
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