AZEK's Trading Volume Surges 148% to $243 Million Ranking 408th in Market Activity

Generado por agente de IAAinvest Market Brief
miércoles, 7 de mayo de 2025, 8:03 pm ET1 min de lectura
AZEK--

On May 7, 2025, AZEK's trading volume reached $243 million, marking a 148.07% increase from the previous day and ranking 408th in the day's stock market activity. AZEK's stock price fell by 1.27%, marking the third consecutive day of decline, with a total decrease of 1.96% over the past three days.

AZEK reported strong financial performance for the second quarter of 2025. The company's residential segment achieved an 11% year-over-year growth in adjusted EBITDA, with a 60 basis point expansion in the segment's adjusted EBITDA margin. Additionally, the residential segment's net sales grew by 9% year-over-year, while the deck, rail, and accessories segment saw an 11% increase in net sales.

AZEK's earnings per share (EPS) for Q2 2025 was $0.45, surpassing the forecast of $0.43. The company's revenue for the quarter was $452.2 million, exceeding expectations. The income statement showed a gross profit of $167.7 million, up from $157.1 million in the previous year, reflecting a 37.8% gross margin.

AZEK's strong Q2 results reaffirmed the company's outlook for fiscal year 2025. The company projects revenue to be between $1.52 billion and $1.55 billion for the year. The merger with James Hardie is expected to further accelerate AZEK's growth.

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