JELD-WEN: Q2 Earnings Snapshot

August 1, 2022 GMT

CHARLOTTE, N.C. (AP) _ JELD-WEN Holding, Inc. (JELD) on Monday reported second-quarter net income of $45.8 million.

The Charlotte, North Carolina-based company said it had net income of 52 cents per share. Earnings, adjusted for non-recurring costs, came to 57 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The company posted revenue of $1.33 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $1.36 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JELD at https://www.zacks.com/ap/JELD