CALHOUN, Ga. (AP) — CALHOUN, Ga. (AP) — Mohawk Industries Inc. (MHK) on Thursday reported first-quarter earnings of $105 million.
The Calhoun, Georgia-based company said it had net income of $1.64 per share. Earnings, adjusted for one-time gains and costs, came to $1.86 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.
The flooring maker posted revenue of $2.68 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.67 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MHK at https://www.zacks.com/ap/MHK
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