earnings
confidence high
sentiment positive
materiality 0.80
Resideo reports FY2021 revenue up 15% to $5.8B; EPS $1.63 vs $0.29; guides FY2022 rev $5.95-6.20B
RESIDEO TECHNOLOGIES, INC.
2021-FY EPS reported
$1.63
revenue$5,846,000,000
- FY2021 net revenue $5.8B (+15% YoY); operating profit $559M (+80%); diluted EPS $1.63 vs $0.29.
- Q4 revenue $1.45B (-3% YoY); operating profit $141M vs $152M; EPS $0.45 vs $0.44.
- FY2022 revenue guidance $5.95B-$6.20B; operating profit $610M-$650M; Q1 guidance $1.425B-$1.475B.
- ADI segment revenue $3.4B (+15%); e-commerce sales +47%; Products & Solutions record $2.5B (+16%).
- Cash from ops $315M vs $244M; cash $779M; total debt $1.2B; pending acquisition of First Alert.