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home / news releases / TREX - Why Trex Stock Fell Today

TREX - Why Trex Stock Fell Today

Trex Company Inc.

Shares of Trex (NYSE: TREX) have fallen today, down by 6% as of 12:35 p.m. EDT, after the company reported second-quarter earnings. It also announced a 2-for-1 stock split.

Revenue in the second quarter was $221 million, ahead of the $201 million in sales that analysts were expecting. That translated into net income of $47 million, or $0.81 per share, also topping the consensus estimate of $0.65 per share in profit.

Image source: Getty Images.

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Stock Information
Company Name: Trex Company Inc.
Stock Symbol: TREX
Market: NYSE
Website: trex.com
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