Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Mohawk Industries earnings beat by $0.14, revenue fell short of estimates

Mohawk Industries earnings beat by $0.14, revenue fell short of estimates

Mohawk Industries (NYSE: MHK) reported a third quarter EPS of $2.72, surpassing the analyst estimate of $2.58 by $0.14. However, revenue for the quarter fell short of estimates at $2.79B, compared to the consensus estimate of $2.82B. The company anticipates EPS for Q4 2026 to be between $1.35 and $1.45, which is lower than the analyst consensus of $1.64.

Mohawk Industries' stock price closed at $129.99, up 5.60% over the last three months and 12.46% over the past year. The company has seen 14 positive EPS revisions and 2 negative revisions in the last 90 days. Mohawk Industries is currently rated with a Financial Health score of "good performance" by InvestingPro.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

Titan International Q3 Loss Widens

(RTTNews) - On Thursday, Titan International (TWI), a manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, reported a wider loss for the third quarter, compared to the…

More from Thursday 29 October →