Why Mohawk Industries (MHK) Shares Are Plunging Today [Yahoo! Finance]
Mohawk Industries, Inc. (MHK)
Last mohawk industries, inc. earnings: 2/13 04:10 pm
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US:NYSE Investor Relations:
mohawkind.com/corporateiroverview.aspx
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Source: Yahoo! Finance
reported third-quarter results and issued a weak fourth-quarter profit forecast that fell short of expectations. While Mohawk's third-quarter revenue increased 1.4% year on year to $2.76 billion, beating analyst expectations, its adjusted earnings per share of $2.67 fell from $2.90 in the same period a year earlier. However, the primary driver for the stock's decline was its guidance for the upcoming quarter. Mohawk projected fourth-quarter adjusted earnings per share between $1.90 and $2.00, with the midpoint of $1.95 falling below analyst estimates of $2.13. Management attributed the softer projection to expectations that market volumes would remain weak, pointing to ongoing challenges in the home furnishings market. The shares closed the day at $119.89, down 7% from previous close. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Mohawk Industries? Access our full analysis report here Wha
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MHK
News
- Mohawk Industries (NYSE:MHK) had its price target lowered by analysts at Wells Fargo & Company from $130.00 to $125.00. They now have an "equal weight" rating on the stock.MarketBeat
- Is Mohawk Industries a Hidden Opportunity After 10% Rally and Industry Shifts? [Yahoo! Finance]Yahoo! Finance
- How Analyst Opinions Are Shaping the Evolving Story for Mohawk Industries [Yahoo! Finance]Yahoo! Finance
- Reflecting On Home Furnishings Stocks' Q3 Earnings: Mohawk Industries (NYSE:MHK) [Yahoo! Finance]Yahoo! Finance
- Mohawk Industries (NYSE:MHK) had its price target lowered by analysts at Evercore ISI from $124.00 to $118.00. They now have an "in-line" rating on the stock.MarketBeat
MHK
Earnings
- 10/23/25 - Miss
MHK
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 144
- 12/1/25 - Form 144
- MHK's page on the SEC website