Resideo Technologies issued FY 2024 earnings guidance slightly below analysts' estimates, yet its shares rose.

Resideo Technologies (REZI) issued FY 2024 earnings guidance with EPS of 2.180-2.280 and revenue of $6.7B-$6.8B, slightly below analysts' estimates. Q4 EPS guidance is $0.51-0.61. The company's shares rose to $24.01 after reporting a strong previous quarter with EPS of $0.62, beating expectations. Resideo operates in two segments: Products and Solutions, and ADI Global Distribution.

November 10, 2024
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