Resideo Technologies (NYSE:REZI) Announces Quarterly Earnings Results

Resideo Technologies (NYSE:REZI) released its quarterly earnings data on Thursday. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.08), Zacks reports. Resideo Technologies had a return on equity of 10.97% and a net margin of 2.72%. 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 1.9 %

NYSE REZI traded down $0.41 during trading hours on Thursday, hitting $21.46. The company had a trading volume of 1,448,571 shares, compared to its average volume of 718,354. The firm’s 50 day moving average is $23.07 and its 200 day moving average is $22.02. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. Resideo Technologies has a fifty-two week low of $17.43 and a fifty-two week high of $28.28. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 19.33 and a beta of 2.15.

Resideo Technologies Company Profile

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.