What Analyst Projections for Key Metrics Reveal About The AZEK Company (AZEK) Q2 Earnings

The upcoming report from The AZEK Company (AZEK) is expected to reveal quarterly earnings of $0.44 per share, indicating an increase of 12.8% compared to the year-ago period. Analysts forecast revenues of $443.6 million, representing an increase of 6% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.With that in mind, let's delve into the average projections of some The AZEK Company metrics that are commonly tracked and projected by analysts on Wall Street.Analysts forecast 'Net Sales- Commercial' to reach $15.07 million. The estimate indicates a change of -5% from the prior-year quarter.The collective assessment of analysts points to an estimated 'Net Sales- Residential' of $431.37 million. The estimate suggests a change of +7.2% year over year.The average prediction of analysts places 'Adjusted EBITDA- Residential' at $119.21 million. The estimate is in contrast to the year-ago figure of $110.39 million.View all Key Company Metrics for The AZEK Company here>>>Shares of The AZEK Company have experienced a change of +8.1% in the past month compared to the +0.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AZEK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The AZEK Company Inc. (AZEK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks