Trex (TREX) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.27%. A quarter ago, it was expected that this maker of fencing and decking products would post earnings of $0.72 per share when it actually produced earnings of $0.82, delivering a surprise of 13.89%. Over the last four qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14649 Trex Company, Inc. (Exact name of registrant as specified in its charter) Delaware 54-1910453 (State or other jurisdiction of incorpo ...

NEWS RELEASE TREX COMPANY REPORTS SECOND QUARTER 2024 RESULTS Second Quarter Sales Growth Led by Premium Products Gross Margin Expansion Driven by Higher Utilization and Production Efficiencies Guiding to Third Quarter Revenues of $220 million to $230 million Full Year Sales Guidance Adjusted to Reflect Softness in Entry-Level Consumer Demand and Uncertain Economic Outlook; Maintains Full Year EBITDA Margin Guidance of 30% to 30.5% WINCHESTER, Va. –August 6, 2024– Trex Company, Inc. (NYSE:TREX), the world's ...

WINCHESTER, Va., July 24, 2024 (GLOBE NEWSWIRE) -- When it comes to deck railings, cable and glass are among the hottest styles with today's homeowners but also among the most difficult to specify –until now. Trex Company [NYSE: TREX], the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, has expanded its popular Trex Signature® Railing line with the introduction of X-Series™ Cable Rail and X-Series™ Frameless Gla ...

"The versatility of the X-Series post enables us to add two new specialty options to our premium railing line while also remaining SKU-conscious," noted Adkins. "We are excited to provide our channel partners with a sophisticated yet streamlined system that is as easy to sell as it is to order and install." Cable Rail Novel spring-loaded cables offer improved tension management so that cables are less prone to sag over time, while push-to-connect fittings eliminate swaging or crimping. Most notably, ball en ...

Investors in Trex Company, Inc. (TREX) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $45.00 Call had some of the highest implied volatility of all equity options today. What do the Analysts Think? Given the way analysts feel about Trex right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many ...

Trex Company, Inc. (TREX) has entered into a strategic partnership with Paragon Stairs, with the latter being the exclusive supplier for its Trex Spiral Stairs collection. Under the partnership, Paragon will supply two modular systems, Vista Spiral Stair and Summit Spiral Stair, for the Trex Spiral Stairs collection. These two models are specifically designed to pair perfectly with Trex decking and railing, highlighting a modern and sophisticated look along with emphasizing functionality and longevity. Para ...

WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners. In a move that brings together two industry leaders dedicated to enhancing outdoor living spaces with innovative, stylish solutions, the world's largest manufacturer of high-performance, low-maintenance composite decking and railing has tapped Paragon Stairs, the largest producer of spiral stairs in the U.S., to be the exclusive ...

WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners. In a move that brings together two industry leaders dedicated to enhancing outdoor living spaces with innovative, stylish solutions, the world's largest manufacturer of high-performance, low-maintenance composite decking and railing has tapped Paragon Stairs, the largest producer of spiral stairs in the U.S., to be the exclusive ...

Trex Company, Inc. (NYSE:TREX) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Casey Kotary – Head of Investor Relations Bryan Fairbanks – President and Chief Executive Officer Brenda Lovcik – Senior Vice President and Chief Financial Officer Amy Fernandez – Senior Vice President, Chief Legal Officer and Secretary Conference Call Participants Stanley Elliott – Stifel Tim Wjos – Baird Ryan Merkel – William Blair Rafe Jadrosich – Bank of America Susan Maklari – Goldman Sachs Phil ...