Resideo Earnings: What To Look For From REZI
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Resideo Technologies is set to report earnings, with expectations of a 6.1% revenue growth year-on-year, down from 19.1% last year. Analysts have reaffirmed their estimates, indicating confidence in the company's performance. Resideo's recent revenue was $1.90 billion, a 2% increase, but it missed adjusted operating income estimates. Peers like Vulcan Materials and Valmont have shown positive results, contributing to a favorable sentiment in the building materials sector. Resideo's current share price is $39.91, with an average analyst target of $49.
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