NYSE$JELD

JELD-WEN Holding Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

JELD-WEN's Q4 2024 performance was impacted by weak macroeconomic conditions and a demand shift to entry-level products, resulting in decreased revenues and profitability.

JELD-WEN's Q4 2024 results showed a decline in net revenues by (12.3%) to $895.7 million, driven by a (12%) decrease in Core Revenue. The company reported a net loss of ($68.4) million, or ($0.81) per share, compared to a net loss of ($22.6) million, or ($0.27) per share, in the same quarter last year. Adjusted EBITDA decreased to $40.1 million, with a margin of 4.5%.

  • Net revenues decreased by (12.3%) due to lower volume/mix and weak macroeconomic conditions.
  • Net loss was ($68.4) million, impacted by a goodwill impairment charge and transformation costs.
  • Adjusted EBITDA decreased to $40.1 million, with a margin decline of (400) basis points.
  • Transformation activities drove improvements, but were offset by lower sales and productivity.

Headline financials

Total Revenue

$896M

Previous: $1.02B-12.3%
EPS

-$0.81

Previous: $0.37-318.4%
Adjusted EBITDA from continuing operations

$40.1M

No prior period
Adjusted EBITDA Margin from continuing operations

4.5%

Previous: 8.5%-47.1%
Operating loss margin

-5.7%

No prior period
Capital Expenditures

-$55.7M

Previous: -$30.5M-82.4%
Net Income

-$68.4M

Previous: -$34.8M-96.6%
Operating Income

-$50.9M

Previous: $7.5M-778.7%
Gross Profit

$147M

Previous: $192M-23.6%

Revenue & EPS history

JELD-WEN · Revenue · Quarterly

$896M

Q4 2024-12.3%vs Q4 2023
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

JELD-WEN · $1.08B total across 2 segments · Q3 2023

  • North America
    $790M-5.4%
  • Europe
    $287M-6.0%

Forward guidance

JELD-WEN is introducing 2025 revenue guidance to a range of $3.2 to $3.4 billion which reflects Core Revenues that are down (4%) to (9%) compared to 2024. Further, the Company expects 2025 Adjusted EBITDA to be within the range of $215 to $265 million. The Company expects 2025 operating cash flow to be approximately $15 million.

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 Q4 2024

Historical avgQ4 2024

-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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