What risks could impact AZEK's future EPS?

**AZEK's future EPS could be impacted by several risks**, including: 1. **Merger Integration Risks**: The merger with James Hardie is a significant event that could strain AZEK's resources and distract management. The integration process may not be seamless, potentially leading to operational disruptions and financial inefficiencies that could negatively affect EPS. 2. **Market Volatility and Economic Uncertainty**: The broader housing and remodeling market is subject to volatility and macroeconomic factors that can affect demand for AZEK's products. Higher interest rates and cautious consumer spending could slow renovation and construction activity, impacting revenue and thereby EPS. 3. **Regulatory and Trade Policy Risks**: Changes in regulations, especially in Europe and China, could impact AZEK's operations and supply chain. Trade policy risks, such as potential tariffs on imports and raw materials, may add cost pressures and disrupt supply chains, potentially affecting profit margins and EPS. 4. **Earnings Estimate Revisions**: The recent decline in earnings estimates for the quarter ended September 2024 reflects a cautious outlook. If actual earnings fall short of expectations, it could lead to a negative reaction in the stock price and impact investor confidence in AZEK's future EPS potential. 5. **Sustainability and Environmental Factors**: While AZEK's environmentally sustainable products are a strength, changes in environmental policies or public perception could affect demand for its products. Additionally, natural disasters and extreme weather events can impact sales and profitability. In conclusion, AZEK's future EPS is subject to various risks, including merger integration, market volatility, regulatory changes, earnings estimate revisions, and sustainability factors. Managing these risks will be crucial for maintaining financial health and shareholder value.