Mohawk Industries Inc. reported fourth-quarter earnings of $42 million, or 68 cents per share, which adjusted to $2 per share after non-recurring costs, exceeding Wall Street expectations. However, the flooring maker’s revenue of $2.7 billion fell short of analyst forecasts. For the full year, the company posted a profit of $369.9 million on revenue of $10.79 billion.
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Mohawk Industries: Q4 Earnings Snapshot
Mohawk Industries Inc. reported fourth-quarter earnings of $42 million, or 68 cents per share, which adjusted to $2 per share after non-recurring costs, exceeding Wall Street expectations. However, the flooring maker’s revenue of $2.7 billion fell short of analyst forecasts. For the full year, the company posted a profit of $369.9 million on revenue of $10.79 billion.