• Resideo Technologies Inc REZI.N reported quarterly adjusted earnings of 63 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of four analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 30 cents to 31 cents per share.

• Revenue rose 19.1% to $1.77 billion from a year ago; analysts expected $1.74 billion.

• Resideo Technologies Inc's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $3 million.

• Resideo Technologies Inc shares had fallen by 0.5% this quarter and lost 23.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "hold"

• Wall Street's median 12-month price target for Resideo Technologies Inc is $22.00

This summary was machine generated from LSEG data May 6 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)