Edition:
United States

Trex Company Inc (TREX.N)

TREX.N on New York Stock Exchange

110.00USD
20 Nov 2017
Change (% chg)

$1.99 (+1.84%)
Prev Close
$108.01
Open
$108.05
Day's High
$110.02
Day's Low
$107.57
Volume
63,716
Avg. Vol
79,205
52-wk High
$112.04
52-wk Low
$61.57

Latest Key Developments (Source: Significant Developments)

Trex Company reports Q3 earnings per share $0.68
Monday, 30 Oct 2017 04:02pm EDT 

Oct 30 (Reuters) - Trex Company Inc ::Trex company reports third quarter 2017 results.Q3 earnings per share $0.68.Q3 sales $140 million versus I/B/E/S view $125.1 million.Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Sees Q4 2017 revenue about $118 million.Trex Company-based on Q4 revenue expectations,full year 2017 consolidated revenue growth would be 17pct,while Trex residential products would be up 12pct​.  Full Article

Trex agrees to buy certain assets from Staging Concepts Acquisition for $71.5 mln
Monday, 31 Jul 2017 05:50pm EDT 

July 31 (Reuters) - Trex Company Inc ::Trex Company Inc - co through its newly-formed unit entered into definitive asset purchase agreement with Staging Concepts Acquisition, Llc.Trex Company - to acquire certain assets and assume certain liabilities relating to assumed assets for $71.5 million.Trex Company - company primarily used cash on hand and a portion of funding from its existing revolving credit facility to acquire assets.Trex Company- company signed a guaranty relating to performance of buyer under agreement - sec filing.  Full Article

Trex acquires SC company, launches Trex Commercial Products
Monday, 31 Jul 2017 05:00pm EDT 

July 31 (Reuters) - Trex Company Inc :Trex expands into new markets with acquisition of SC company and launch of Trex Commercial Products.  Full Article

Trex Company Q2 earnings per share $0.97
Monday, 31 Jul 2017 04:01pm EDT 

July 31 (Reuters) - Trex Company Inc :Trex Company reports second quarter 2017 results.Q2 earnings per share $0.97.Q2 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $126 million.Q2 sales $157.9 million versus I/B/E/S view $160.5 million.Q3 revenue view $113.8 million -- Thomson Reuters I/B/E/S.  Full Article

Trex to buy SC Company for $71.5 mln
Monday, 31 Jul 2017 04:01pm EDT 

July 31 (Reuters) - Trex Company Inc ::Trex acquires SC Company—a fast-growing market leader in modular and architectural railings and arena staging/seating systems.Trex Company Inc - ‍transaction to be immediately accretive to ebitda​.Trex Company Inc - Ttrex will finance $71.5 million purchase price through cash on hand and its revolving credit line​.Trex Company - SC Company will maintain its operations and corporate headquarters in Brooklyn Park, MN, as well as its operations in Fort Hill, SC.  Full Article

Trex Company reports Q1 earnings per share $0.95
Thursday, 4 May 2017 04:15pm EDT 

May 4 (Reuters) - Trex Company Inc :Trex Company reports first quarter 2017 results.Q1 earnings per share $0.95.Q1 sales $145 million versus I/B/E/S view $144.3 million.Q1 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Trex Company Inc - in Q2 of 2017 we expect to achieve revenues of $160 million.  Full Article

Trex Company Q4 earnings per share $0.43
Tuesday, 21 Feb 2017 07:00am EST 

Trex Company Inc : Trex Company announces fourth quarter and calendar year 2016 results . Q4 earnings per share $0.43 . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Sees q1 2017 sales about $144 million . Q4 sales $95.3 million versus I/B/E/S view $93 million . Trex Company Inc- board of directors approved a new share repurchase program under which company may repurchase up to 2.96 million shares . Trex Company Inc - incremental gross margin for full year 2017 is expected to return to a more normalized level of 45-50 pct .Q1 revenue view $143.3 million -- Thomson Reuters I/B/E/S.  Full Article

Trex Company reports record sales and earnings in Q2 2016
Monday, 1 Aug 2016 04:05pm EDT 

Trex Co Inc : Q2 earnings per share $0.79 . Sees Q3 2016 revenue about $105 million . Trex company reports record sales and earnings in second quarter 2016 . Q2 sales $146 million versus I/B/E/S view $145.2 million . Sees Q3 2016 revenue up 12 percent . Q2 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . "first half 2016 results have put us on track to deliver strong earnings growth for full year" . Q3 revenue view $102.8 million -- Thomson Reuters I/B/E/S . "for full year 2016, we have increased our guidance for incremental margin to average 80%, up from our previous forecast of 60%" .Q3 gross margin comparisons are expected to continue to benefit from higher capacity utilization and cost savings.  Full Article

Trex Company reports Q1 earnings per share $0.78
Tuesday, 10 May 2016 07:00am EDT 

Trex Co Inc : Trex company reports first quarter 2016 results . Q1 earnings per share $0.78 . Lower input costs and manufacturing cost savings are expected to continue to benefit year-on-year comparisons throughout 2016 . Q2 revenue view $150.3 million -- Thomson Reuters I/B/E/S . Q1 sales $132 million versus I/B/E/S view $131.1 million . Q1 earnings per share view $0.65 -- Thomson Reuters I/B/E/S .Sees Q2 2016 revenue about $145 million.  Full Article

BRIEF-Trex Company reports Q3 earnings per share $0.68

* Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S