Resideo Technologies: Modest Outlook Amid Current Macro Challenges, Stabilization Expected In 2025 [Seeking Alpha]
Resideo Technologies, Inc. (REZI)
Last resideo technologies, inc. earnings: 2/26 04:05 pm
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Source: Seeking Alpha
Housing starts declined in July, reflecting a challenging residential market. Residential new construction starts are expected to grow low- to mid-single digits. The outlook for homeowner spending on improvements and repairs in 2024 remains soft due to weak macroeconomic conditions, but it is expected to stabilise and improve in 2025. REZI's revenue declined modestly in 2Q24 due to lower sales volumes, unfavourable price impacts, and European market challenges, but adjusted margins expanded, leading to adjusted EPS growth. andresr Synopsis Resideo ( NYSE: REZI ) specialises in the development and manufacturing of technology-driven products and solutions that provide water and energy management, comfort, safety, and security. For REZI's most recent 2Q24, its revenue declined modestly, driven by factors such as lower sales volumes, unfavourable price impacts in its ADI segment, and challenges in the European market. Despite the revenue decline, its adjusted margins expanded
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REZI
News
- Resideo Technologies, Inc. (REZI) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Resideo Technologies (REZI) Stock? [Yahoo! Finance]Yahoo! Finance
- Resideo Technologies (REZI) Now Trades Above Golden Cross: Time to Buy? [Yahoo! Finance]Yahoo! Finance
- There May Be Reason For Hope In Resideo Technologies' (NYSE:REZI) Disappointing Earnings [Yahoo! Finance]Yahoo! Finance
- Resideo to Participate at Upcoming Investor ConferencesPR Newswire
REZI
Earnings
- 11/7/24 - Beat
REZI
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- REZI's page on the SEC website