What To Expect From Mohawk Industries’s (MHK) Q1 Earnings

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What To Expect From Mohawk Industries’s (MHK) Q1 Earnings Flooring manufacturer Mohawk Industries (NYSE:MHK) will be announcing earnings results tomorrow after the bell. Here's what you need to ...

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Here's what you need to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/expect-mohawk-industries-mhk-q1-070738341.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What To Expect From Mohawk Industries’s (MHK) Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat To Expect From Mohawk Industries’s (MHK) Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/expect-mohawk-industries-mhk-q1-070738341.html><strong>StockStory</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What To Expect From Mohawk Industries’s (MHK) Q1 Earnings \n \n\nFlooring manufacturer Mohawk Industries (NYSE:MHK) will be announcing earnings results tomorrow after the bell. Here's what you need to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/expect-mohawk-industries-mhk-q1-070738341.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NKE","symbol_name":"耐克","start_time":0,"source_url":"https://finance.yahoo.com/news/expect-mohawk-industries-mhk-q1-070738341.html","article_id":"2429434853","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/8ZbpY7O.W82XEO.Z_T7Ibg--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/9a1f84f4cf9884b5c29ebd2824da1767"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429434853","pubTimestamp":1713942458,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Flooring manufacturer Mohawk Industries  will be announcing earnings results tomorrow after the bell. Here's what you need to know.Last quarter Mohawk Industries reported revenues of $2.61 billion, down 1.4% year on year, beating analyst revenue expectations by 1.8%. It was a good quarter for the company, with a decent beat of analysts' revenue estimates.This quarter analysts are expecting Mohawk Industries's revenue to decline 5.6% year on year to $2.65 billion, improvement on the 6.9% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.68 per share.Looking at Mohawk Industries's peers in the consumer discretionary segment, some of them have already reported Q1 earnings results, giving us a hint what we can expect. Nike delivered top-line growth of 0.3% year on year, beating analyst estimates by 1.1% and Carnival reported revenues up 22% year on year, inline with analystsestimates. Nike traded down ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NKE":"耐克","MHK":"莫霍克工业公司","ATER":"Aterian Inc."},"translate_title":"从莫霍克工业公司（Mohawk Industries）Q1盈利中可以期待什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATER":1,"MHK":1,"NKE":0.9},"content_text":"What To Expect From Mohawk Industries’s (MHK) Q1 Earnings \n \n\nFlooring manufacturer Mohawk Industries (NYSE:MHK) will be announcing earnings results tomorrow after the bell. Here's what you need to know. \nLast quarter Mohawk Industries reported revenues of $2.61 billion, down 1.4% year on year, beating analyst revenue expectations by 1.8%. It was a good quarter for the company, with a decent beat of analysts' revenue estimates. \nIs Mohawk Industries buy or sell heading into the earnings? Read our full analysis here, it's free.\nThis quarter analysts are expecting Mohawk Industries's revenue to decline 5.6% year on year to $2.65 billion, improvement on the 6.9% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.68 per share. \n\n\n\n Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company missed Wall St's revenue estimates twice over the last two years. \nLooking at Mohawk Industries's peers in the consumer discretionary segment, some of them have already reported Q1 earnings results, giving us a hint what we can expect. Nike delivered top-line growth of 0.3% year on year, beating analyst estimates by 1.1% and Carnival reported revenues up 22% year on year, inline with analysts estimates. Nike traded down 7% on the results, Carnival was down 4.1%. \nRead our full analysis of Nike's results here and Carnival's results here.\nInflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. The start of 2024 has been a bumpier ride, as the market switches between optimism and pessimism around rate cuts due to mixed inflation data, and while some of the consumer discretionary stocks have fared somewhat better, they have not been spared, with share price declining 4.1% over the last month. Mohawk Industries is down 9.3% during the same time, and is heading into the earnings with with analyst price target of $125.8, compared to share price of $113.44. \nWhen a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429434853"}