Mohawk Industries beats Q3 earnings estimates, updates Q1 2025 guidance amid investor stake adjustments.

Mohawk Industries reported Q3 earnings of $1.95 per share, beating analysts' estimates by $0.10. The company updated its Q1 2025 guidance to 1.340-1.440 EPS and has a market cap of $7.60 billion. Lecap Asset Management Ltd. reduced its stake by 11.1%, while other institutional investors have also modified their holdings. The company, which provides flooring products globally, has a PEG ratio of 1.60 and a beta of 1.41.

1 month ago
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