Resideo Technologies (NYSE:REZI) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Resideo Technologies (NYSE:REZI) announced its quarterly earnings results on Thursday. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08), Zacks reports. Resideo Technologies had a net margin of 2.72% and a return on equity of 10.97%. Resideo Technologies updated its FY 2025 guidance to 2.230-2.470 EPS and its Q1 2025 guidance to 0.270-0.330 EPS.

Resideo Technologies Stock Down 1.9 %

REZI stock traded down $0.41 during trading hours on Thursday, hitting $21.46. The company’s stock had a trading volume of 1,448,451 shares, compared to its average volume of 718,341. The stock has a 50 day moving average price of $23.07 and a two-hundred day moving average price of $22.02. Resideo Technologies has a 12 month low of $17.43 and a 12 month high of $28.28. The company has a market capitalization of $3.15 billion, a PE ratio of 19.33 and a beta of 2.15. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.

About Resideo Technologies

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.