NYSE$JELD

JELD-WEN Holding Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

JELD-WEN's first quarter of 2021 was over delivered with growth and margin expansion.

JELD-WEN reported a strong start to 2021, with net revenue increasing by 11.6% to $1,092.4 million and net income of $25.5 million, compared to a net loss of $0.2 million in the same quarter last year. Adjusted EBITDA increased by 31.4% to $97.9 million, and EPS was $0.25, compared to $0.00 for the same quarter last year.

  • Net revenue increased by 11.6% to $1,092.4 million, including a 6% increase in core revenue.
  • Adjusted EBITDA increased by 31.4% to $97.9 million, while adjusted EBITDA margins expanded 140 basis points.
  • Core revenue increased in all three reporting segments, driven by favorable price and volume/mix.
  • Increased full year outlook for revenue and adjusted EBITDA.

Headline financials

Total Revenue

$1.09B

Previous: $979M+11.6%
EPS (adj)

$0.27

Previous: $0.13+107.7%
Capital Expenditures

-$17.9M

Previous: -$22.6M+20.9%
Free Cash Flow

$7.59M

Previous: -$22.9M+133.2%
Net Income

$25.5M

Previous: -$230K+11180.4%
Operating Income

$43.5M

Previous: $15.2M+185.2%
Gross Profit

$236M

Previous: $194M+21.4%
Cash & Equivalents

$613M

Previous: $214M+186.0%
Total Assets

$3.98B

Previous: $3.41B+16.9%
Stock-Based Comp

$6.86M

No prior period

Revenue & EPS history

JELD-WEN · Revenue · Quarterly

$1.09B

Q1 2021+11.6%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

JELD-WEN · $960M total across 2 segments · Q1 2021

  • North America
    $640M+9.0%
  • Europe
    $321M+13.9%

Forward guidance

JELD-WEN updated 2021 Outlook. Net revenue growth expected to be within a range of 8.0% to 11.0%, compared to 4.0% to 7.0% previously. Adjusted EBITDA anticipated to be within a range of $505 million to $535 million, up from $480 million to $520 million previously.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-3.7%

Avg return

Earnings day

-4.5%

Avg return

5 days after

-5.7%

Avg return

30 days after

29%

12 / 41 earnings

Positive

+18.4%

Q4 2025

Best reaction

-30.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+15.8%+22.3%+44.6%
Q4 2025+18.4%-3.8%-41.0%
Q3 2025-30.4%-38.3%-37.9%
Q1 2025-25.2%-24.9%-31.3%
Q4 2024-23.3%-32.4%-29.7%
Q3 2024-30.3%-23.0%-23.7%
Q2 2024-4.6%-7.7%-11.7%
Q1 2024-28.5%-27.4%-24.4%
Q4 2023-5.4%-4.4%+0.3%
Q3 2023+14.5%+13.0%+33.1%
Q2 2023-7.6%-9.0%-23.6%
Q1 2023+17.6%+15.8%+26.7%
Q4 2022+0.2%-0.4%-7.2%
Q3 2022-0.6%-8.6%-0.2%
Q2 2022-10.7%-20.5%-37.3%
Q1 2022-10.2%-11.2%-8.7%
Q4 2021-9.1%-1.9%-6.4%
Q3 2021-5.7%-0.5%-11.5%
Q2 2021+1.2%+6.0%+5.2%
Q1 2021-2.9%-4.9%-10.1%
Q4 2020-5.5%-4.4%-0.5%
Q3 2020+9.7%-0.2%+6.1%
Q2 2020+14.3%+17.0%+1.8%
Q1 2020-6.6%+6.3%+39.1%
Q4 2019-12.2%-13.2%-66.9%
Q3 2019+8.9%+13.7%+24.1%
Q2 2019-8.6%-9.5%-15.1%
Q1 2019-4.1%-1.6%-8.3%
Q4 2018+15.6%+13.9%-1.8%
Q3 2018-2.1%+3.7%+0.7%
Q2 2018-13.1%-9.8%-9.3%
Q1 2018-5.4%-5.1%-2.5%
Q4 2015-1.8%+2.5%-3.5%
Q4 2017-10.9%-11.4%-15.8%
Q3 2017+1.4%+1.6%+7.1%
Q2 2017-2.7%-8.8%+3.3%
Q3 2016-0.9%-6.5%-1.3%
Q2 2016-0.9%-6.5%-1.3%
Q1 2016-0.9%-6.5%-1.3%
Q1 2017-0.5%-1.5%-3.6%
Q4 2016+3.2%+4.4%+9.2%
Q3 2015
Q2 2015
Q1 2015

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