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Trex Posts Higher Q1 Results; Issues Q2 Sales Outlook

05/10/2021 12:47

04:39 PM EDT, 05/10/2021 (MT Newswires) -- Trex (TREX) on Monday reported Q1 diluted EPS of $0.42, up from $0.36 a year ago. The result beat the $0.38 consensus estimate of analysts polled by Capital IQ.

Sales rose to $245.5 million from $200.4 million. That exceeded the projection of analysts polled by Capital IQ of $237.2 million.

The company expects Q2 sales of $295 million to $305 million. The Street expects $279.5 million.

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