CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — JELD-WEN Holding, Inc. (JELD) on Monday reported a loss of $27.7 million in its first quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 32 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The company posted revenue of $959.1 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $972.6 million.
JELD-WEN expects full-year revenue in the range of $3.9 billion to $4.1 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 JELD at https://www.zacks.com/ap/JELD
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