Trex (TREX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Company Overview - Trex (TREX) is expected to report a year-over-year decline in earnings, with a projected earnings per share (EPS) of $0.05, reflecting a decrease of 75% compared to the previous year [3] - Revenues for the quarter are anticipated to be$ 159.2 million, down 18.7% from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 1.18% higher in the last 30 days, indicating a slight bullish sentiment among analysts [4] - The Most Accurate Estimate for Trex is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +20%, suggesting a strong likelihood of beating the consensus EPS estimate [10][11] Historical Performance - Trex has a history of exceeding consensus EPS estimates, having beaten expectations in the last four quarters, including a +15.63% surprise in the most recent quarter [12][13] Industry Context - In the Zacks Building Products - Wood industry, Louisiana-Pacific (LPX) is expected to report earnings of $0.79 per share, representing a year-over-year increase of 11.3% [17] - Louisiana-Pacific's revenues are projected to be$ 664.35 million, up 1% from the previous year, with a revised EPS estimate reflecting a 2.3% increase over the last 30 days [18]