3 Reasons Trex Company Inc. Keeps Crushing It [The Motley Fool]
Trex Company, Inc. (TREX)
Last trex company, inc. earnings: 2/24 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
trex.com/our-company/investor-relations
Company Research
Source: The Motley Fool
The innovative decking and commercial railing manufacturer continues to blow expectations away. When Trex Company Inc. ( NYSE:TREX ) reported second-quarter earnings after market close on July 30, investors had high expectations that the company would once again deliver double-digit sales and earnings growth. Well, the green-focused decking and commercial railing maker did even better, growing sales by a huge 31%, and driving earnings 49% higher, with both metrics blowing Wall Street estimates out of the water. And when the market opened on July 31, investors voted heavily in favor of the blowout numbers, sending shares up more than 20% on the day. Let's look at Trex's results and three reasons the company continues to perform so well. Image source: Trex Company Inc. 1. Leveraging its scale and keeping costs low Over the past five years, no other company in the wood-alternative decking industry has made the same inroads with growing distribution as Trex,
Show less
Read more
Impact Snapshot
Event Time:
TREX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TREX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TREX alerts
High impacting Trex Company, Inc. news events
Weekly update
A roundup of the hottest topics
TREX
News
- Why Trex (TREX) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- Biocomposites Market Size is projected to reach USD 85.07 billion by 2031, growing at a CAGR of 14.34%: Straits Research [Yahoo! Finance]Yahoo! Finance
- Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Trex Company, Inc.'s (NYSE:TREX) Stock's On An Uptrend: Are Strong Financials Guiding The Market? [Yahoo! Finance]Yahoo! Finance
TREX
Earnings
- 2/26/24 - Beat
TREX
Sec Filings
- 4/5/24 - Form 4
- 4/1/24 - Form 4
- 3/25/24 - Form ARS
- TREX's page on the SEC website