TREX News and Press, Trex Company Inc. From 05/09/23

Trex Company, Inc. (NYSE: TREX) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 7.94% on the day to $60.77. Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessor...

2023-05-09 11:54:38 ET Shares of Trex (NYSE: TREX) , the leading maker of alternative decking and railing products, were gaining after the company posted better-than-expected results in the first quarter. As of 10:05 a.m. ET, the stock was up 9.7%. Trex's business is closely...

2023-05-09 10:51:59 ET Trex’s ( NYSE: TREX ) stock on Tuesday jumped to a nine-month high after analysts at Bank of America upgraded the maker of deck materials to Buy from a previous investment rating of Neutral. They said Trex ( TREX ) is poised for a recovery after the...

2023-05-08 22:25:22 ET Trex Company, Inc. (TREX) Q1 2023 Earnings Conference Call May 8, 2023, 05:00 PM ET Company Participants Viktoriia Nakhla - Investor Relations Bryan Fairbanks - President and Chief Executive Officer Dennis Schemm - Senior Vice President and...

2023-05-08 19:07:03 ET Trex ( NYSE: TREX ) rose in extended trading Monday after the maker of deck materials reported first-quarter sales and profit that beat estimates. Its stock gained 2.1% to $57.50 a share. Sales fell 30% from a year earlier to $238.7 million in Q1, beating ...

2023-05-08 16:20:31 ET Trex press release ( NYSE: TREX ): Q1 GAAP EPS of $0.38 beats by $0.05 . Revenue of $238.71M (-29.6% Y/Y) beats by $1.06M . First quarter gross margin of 39.6%. EBITDA of $69 million and EBITDA margin of 28.8%. “We anticipa...

Results in Line with Expectations Trex Board of Directors Approved a New Share Repurchase Program up to 10% of the Company’s Outstanding Common Stock Guiding to Second Quarter Revenue of $310 Million to $320 Million Reaffirm 26%-27% EBITDA Margin for FY 2023 Trex Compan...

2023-05-03 02:45:00 ET Summary LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns. April was a good month for our strategy as we made money on both our hedges, which declined, and on our l...

ENGLEWOOD, Colo., May 02, 2023 (GLOBE NEWSWIRE) -- Reinforcing their commitment to providing industry-leading waterproofing products for decking contractors and DIYers, the makers of Trex ® Protect™ joist, beam and rim tape, Trex ® Seal™ ledger flashing tap...

2023-05-01 02:00:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Fund increased 7.07% in the first quarter of 2023, outperforming the...