Resideo Technologies (NYSE:REZI) Announces Earnings Results, Misses Expectations By $0.08 EPS

Resideo Technologies (NYSE:REZI) announced its quarterly earnings results on Thursday. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08), Zacks reports. Resideo Technologies had a net margin of 2.72% and a return on equity of 10.97%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies updated its FY 2025 guidance to 2.230-2.470 EPS and its Q1 2025 guidance to 0.270-0.330 EPS.

Resideo Technologies Stock Down 5.3 %

Shares of REZI stock traded down $1.15 during trading hours on Friday, reaching $20.29. The company had a trading volume of 166,147 shares, compared to its average volume of 701,312. The company has a market capitalization of $2.98 billion, a P/E ratio of 18.27 and a beta of 2.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies has a twelve month low of $17.43 and a twelve month high of $28.28. The stock’s fifty day simple moving average is $22.97 and its 200 day simple moving average is $22.02.

About Resideo Technologies

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.