JELD-WEN Holding Inc (JELD) Reports Mixed Fourth Quarter and Full Year 2023 Results

Published on 20 Feb 2024 on GuruFocus.com via Yahoo Finance

JELD-WEN Holding Inc (JELD) Reports Mixed Fourth Quarter and Full Year 2023 Results

Net Revenues: $1,021.1 million in Q4 2023, a decrease of 13.4% year-over-year.Net Loss: $(22.6) million in Q4 2023, compared to a net income of $25.9 million in Q4 2022.Adjusted EPS: Increased to $0.37 in Q4 2023 from $0.34 in Q4 2022.Adjusted EBITDA: Rose to $86.5 million in Q4 2023, up from $78.0 million in Q4 2022.Full Year Net Income: $25.2 million in 2023, an increase from $12.2 million in 2022.2024 Guidance: Net revenues expected to be between $4.0 to $4.3 billion with Adjusted EBITDA of $370 to $420 million.

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JELD-WEN Holding Inc (JELD) Reports Mixed Fourth Quarter and Full Year 2023 Results

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JELD-WEN Holding Inc (JELD) Reports Mixed Fourth Quarter and Full Year 2023 Results

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