
Home automation and security solutions provider Resideo Technologies (NYSE: REZI) will be announcing earnings results this Tuesday afternoon. Here’s what you need to know.
Resideo missed analysts’ revenue expectations last quarter, reporting revenues of $1.86 billion, up 2% year on year. It was a slower quarter for the company, with a significant miss of analysts’ adjusted operating income estimates and a significant miss of analysts’ EBITDA estimates.
Is Resideo a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Resideo’s revenue to be flat year on year, slowing from the 20.9% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Resideo rarely misses Wall Street’s revenue estimates.
Looking at Resideo’s peers in the building materials segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Carlisle posted flat year-on-year revenue, beating analysts’ expectations by 1.4%, and Valmont reported flat revenue, falling short of estimates by 0.7%. Carlisle traded up 11.1% following the results while Valmont was down 4.3%.
Read our full analysis of Carlisle’s results here and Valmont’s results here.
There has been positive sentiment among investors in the building materials segment, with share prices up 7.1% on average over the last month. Resideo is up 4.1% during the same time and is heading into earnings with an average analyst price target of $45 (compared to the current share price of $36.72).
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