CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — JELD-WEN Holding, Inc. (JELD) on Monday reported a loss of $34.8 million in its fourth quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 41 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 37 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
The company posted revenue of $1.02 billion in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $1.03 billion.
For the year, the company reported profit of $62.4 million, or 73 cents per share. Revenue was reported as $4.3 billion.
JELD-WEN expects full-year revenue in the range of $4 billion to $4.3 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