earnings
confidence high
sentiment neutral
materiality 0.80
Mohawk Q3 revenue $2.8B (+9.4%), adj EPS $3.95; guides Q4 adj EPS $2.80-$2.90
MOHAWK INDUSTRIES INC
2021-Q3 EPS reported
$12.11
revenue$8,439,876,000
- Q3 net earnings $271M ($3.93 diluted EPS); adj net earnings $272M ($3.95 adj EPS).
- Flooring NA op margin ~11% (vs 8% prior yr); Global Ceramic ~12% (vs 8%); Flooring RoW 17.4%.
- Board authorized $500M stock buyback; $250M already repurchased at avg $193/share.
- Q4 guidance adj EPS $2.80-$2.90, citing $25M natural gas cost impact in Europe and 6% fewer days.
- Trailing 12-month EBITDA >$1.9B; balance sheet described as strongest in history.