Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Azek Stock Soared Today

TheMotleyFool

0 0

Shares of recycled homebuilding products-maker The Azek Company (NYSE: AZEK), maker of composite "wood" products, such as TimberTech decking and Azek Trim, are on a tear Thursday, rising 10.7% through 2 p.m. EDT despite missing earnings estimates this morning.

That's the bad news, by the way. Analysts had forecast Azek would earn $0.23 per share pro forma in fiscal Q3 2021, but it earned only $0.21. The good news, though, is that Azek's sales beat expectations with a stick.

Image source: Getty Images.

Source Fool.com

Like: 0

AZEK

Share