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American Woodmark beats Q1 earnings estimates despite revenue dip; stock opens at $56.64.
American Woodmark, a kitchen and bath products company, reported Q1 earnings of $1.61 per share, exceeding analysts' estimates by $0.16.
Despite a 11.7% drop in revenue compared to the same period last year, the stock opened at $56.64, with a market cap of $840.25 million and a PE ratio of 8.47.
The company's financial health, as indicated by its current ratio of 1.93 and a debt-to-equity ratio of 0.40, remains stable.
American Woodmark's stock received a "Hold" rating from analysts.
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American Woodmark supera las estimaciones de ganancias del primer trimestre a pesar de la caída de los ingresos; las acciones se abren en $ 56.64.