Resideo Technologies (NYSE:REZI) Releases Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Resideo Technologies (NYSE:REZI) issued its quarterly earnings data 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 Performance

Shares of REZI stock traded down $1.15 on Friday, hitting $20.29. 166,147 shares of the stock traded hands, compared to its average volume of 701,312. The company’s fifty day moving average is $22.97 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 1-year low of $17.43 and a 1-year high of $28.28. The company has a market capitalization of $2.98 billion, a PE ratio of 18.27 and a beta of 2.15.

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.