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-0.000527499375329691 0.00155473500097178 0.000166578750104093 -0.00677420250423387 -0.0053860462533663 -0.00434492906521556 0.00294289125183935 0.0025958521891224
Stock impact report

Why Jeld-Wen Stock Is Crumbling 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
Shares of the construction products manufacturer traded down 21% as of 10:15 ET after the company lowered its full-year guidance. An earnings beat on cost cuts Jeld-Wen is a manufacturer of interior and exterior doors, windows, and related products for the new construction and remodeling industries. The company earned $0.21 per share in the quarter, beating the $0.18 per share consensus estimate, but revenue of $959.1 million was about $5 million below expectations. Revenue was down 11% year over year due to lower volumes and pricing. The company saw similar declines in both North America and Europe, though operating margins in North America held up better than in Europe. In April, the company announced it would close two window manufacturing facilities in response to shifting demand trends. "We continue to execute on our transformation journey and position Jeld-Wen for improved performance," CEO William J. Christensen said in a statement. "In the first quarter, despite the Show less Read more
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