Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Resideo Technologies (REZI)
:REZI
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.33Last Year’s EPS
0.47Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -9.24%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
Resideo concluded 2024 with strong financial performance, including significant revenue and EBITDA growth, record free cash flow, and successful product launches. The integration of Snap One and the expansion of e-commerce channels contributed positively. However, challenges in the security channel and competitive pricing pressures presented areas of concern. Despite uncertainties in the tariff environment, comprehensive planning is in place to mitigate potential impacts.Company Guidance
In the Resideo 2024 Fourth Quarter and Full Year Earnings Call, CEO Jay Geldmacher highlighted several key metrics that underscored the company's strong performance. Resideo reported total net revenue of approximately $6.8 billion, reflecting an 8% year-over-year growth. Total adjusted EBITDA increased by 17% to around $700 million. The company also achieved record cash generation from operations, reaching $444 million, significantly surpassing its outlook of at least $375 million. The Products & Solutions segment improved its fundamentals with gross margins expanding by 240 basis points. Meanwhile, the ADI business achieved 2% organic net revenue growth, excluding currency impacts and acquisitions, and realized run-rate synergies of $17 million from the Snap One acquisition, which was about 40% higher than expected. Looking ahead to 2025, Resideo anticipates total company net revenue to range between $7.285 billion and $7.485 billion, with adjusted EBITDA expected to be between $725 million and $805 million. The company also forecasts cash provided by operations to be between $345 million and $405 million, while planning for continued revenue growth, gross margin expansion, and robust free cash flow generation.Strong Revenue and EBITDA Growth
Resideo reported total net revenue of approximately $6.8 billion, growing 8% year-over-year. Total adjusted EBITDA grew 17% year-over-year to $700 million, exceeding the high end of the outlook range.
Record Free Cash Flow
Resideo generated $444 million in cash from operations, setting a new record and surpassing the outlook of at least $375 million.
Successful Product Launches
The introduction of the Focus Pro thermostat and VISTA security products was met with positive customer reception, contributing to growth in the Products & Solutions segment.
ADI Segment Growth
ADI reported 39% year-over-year growth in net revenue in Q4, driven by the Snap One acquisition and broad-based organic growth across product categories.
Snap One Integration Success
The integration of Snap One is progressing well, achieving approximately $17 million of run rate synergies in 2024, 40% higher than expected.
E-commerce Expansion
ADI's e-commerce net revenue grew 22% year-over-year, achieving a new record high in daily sales average and contributing positively to gross margin.
---
REZI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
REZI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $21.43 | $19.45 | -9.24% |
| Nov 07, 2024 | $21.75 | $24.01 | +10.39% |
| Aug 08, 2024 | $19.22 | $18.74 | -2.50% |
| May 02, 2024 | $19.73 | $20.49 | +3.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Resideo Technologies (REZI) report earnings?
Resideo Technologies (REZI) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Resideo Technologies (REZI) earnings time?
Resideo Technologies (REZI) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REZI EPS forecast?
REZI EPS forecast for the fiscal quarter 2025 (Q1) is 0.33.
---