PGT: Q1 Earnings Snapshot

NORTH VENICE, Fla. (AP) — NORTH VENICE, Fla. (AP) — PGT Inc. (PGTI) on Thursday reported first-quarter net income of $33.6 million.

The North Venice, Florida-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time items, came to 56 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The maker of windows and doors posted revenue of $376.8 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $378.8 million.

For the current quarter ending in June, PGT said it expects revenue in the range of $380 million to $400 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PGTI at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up