Trex Delivers EPS Win, Revenue Dips
Trex reported earnings for Q4 2024 that surpassed analyst expectations, despite reduced sales revenue and declining margins compared to last year.
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Trex Company Inc. (NYSE:TREX), a leading producer of composite decking and railing, released its earnings report for the fourth quarter of 2024 on Feb. 24, 2025. The company disclosed earnings per share (EPS) of $0.09, outperforming the analyst forecast of $0.0428. Revenue hit $168 million, slightly higher than the anticipated $160 million but down from $196 million in the same quarter the previous year. Overall, while the quarter revealed significant inventory challenges that weighed on sales, Trex exceeded profitability expectations.
Source: Analyst estimates for the quarter provided by FactSet.
Trex Company Inc. stands as a top producer of composite decking and railing, made from eco-friendly and sustainable materials. With a market-leading branding, its products are widely distributed across more than 6,700 retail outlets globally, including chains like Home Depot and Lowe's.