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Mohawk Industries: Q3 Earnings Snapshot
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CALHOUN, Ga. (AP) — CALHOUN, Ga. (AP) — Mohawk Industries Inc. (MHK) on Thursday reported third-quarter net income of $163.1 million.

The Calhoun, Georgia-based company said it had net income of $2.72 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.

The flooring maker posted revenue of $2.79 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.84 billion.

For the current quarter ending in December, Mohawk Industries expects its per-share earnings to range from $1.35 to $1.45.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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