NYSE$REZI
Resideo Technologies Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Resideo's Q4 2020 performance was marked by increased revenue and profitability compared to the prior year.
Resideo Technologies, Inc. reported a strong fourth quarter with a 15% increase in net revenue to $1.5 billion and a significant rise in operating profit to $152 million. Net income also improved to $59 million, and adjusted EBITDA reached $212 million.
- Net revenue increased by 15% year-over-year to $1.5 billion.
- Operating profit more than doubled, reaching $152 million compared to $72 million in the prior year.
- Net income turned positive at $59 million, a significant improvement from the prior year's net loss of $9 million.
- Adjusted EBITDA increased to $212 million, up from $139 million in the prior year.
Headline financials
Revenue & EPS history
Resideo · Revenue · Quarterly
$1.5B
Revenue by segment
Resideo · $1.5B total across 2 segments · Q4 2020
- ADI Global Distribution$825M+13.2%55.0%
- Products and Solutions$676M+17.6%45.0%
Forward guidance
The company provided its outlook for full year and first quarter 2021.
Tailwinds
- Full year 2021 revenue is expected to be in the range of $5.2 billion to $5.4 billion.
- Full year 2021 gross profit margin is expected to be in the range of 26% to 28%.
- Full year 2021 operating profit is expected to be in the range of $450 million to $500 million.
- First quarter 2021 revenue is expected to be in the range of $1.30 billion to $1.35 billion.
- First quarter 2021 gross profit margin is expected to be in the range of 25% to 27%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2020
+2.6%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+3.8%
Avg return
30 days after
62%
23 / 37 earnings
Positive
+63.4%
Q3 2020
Best reaction
-33.0%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -24.5% | -17.0% | |
| Q4 2025 | +14.9% | +7.2% | -6.7% | |
| Q3 2025 | -1.0% | +1.6% | +8.0% | |
| Q1 2025 | +8.8% | +21.0% | +21.1% | |
| Q4 2024 | -9.2% | -10.8% | -16.6% | |
| Q3 2024 | +9.6% | +14.0% | +24.5% | |
| Q2 2024 | -0.4% | -2.0% | -3.0% | |
| Q1 2024 | +6.2% | +8.0% | +12.0% | |
| Q4 2023 | +18.4% | +24.8% | +27.1% | |
| Q3 2023 | +7.3% | +11.2% | +16.1% | |
| Q2 2023 | -16.8% | -14.4% | -6.9% | |
| Q1 2023 | -7.1% | -5.5% | -1.8% | |
| Q4 2022 | +2.4% | +3.8% | -11.8% | |
| Q3 2022 | -33.0% | -31.9% | -32.6% | |
| Q2 2022 | +0.4% | -2.4% | -8.1% | |
| Q1 2022 | +11.5% | +4.9% | +3.0% | |
| Q4 2021 | +9.8% | +3.7% | +8.7% | |
| Q3 2021 | -3.3% | -0.6% | -3.0% | |
| Q2 2021 | +4.6% | +0.0% | +4.6% | |
| Q1 2021 | +2.4% | -4.4% | +7.5% | |
| Q4 2020 | -17.1% | -10.9% | +1.7% | |
| Q3 2020 | +63.4% | +62.9% | +76.1% | |
| Q2 2020 | +19.9% | +19.4% | +19.0% | |
| Q1 2020 | +9.1% | +21.1% | +89.9% | |
| Q4 2019 | +15.5% | +14.6% | -39.1% | |
| Q3 2019 | -6.8% | -14.0% | +2.5% | |
| Q2 2019 | -1.4% | -10.0% | -17.3% | |
| Q1 2018 | -1.0% | -1.7% | -11.2% | |
| Q1 2019 | -1.0% | -1.7% | -11.2% | |
| Q2 2017 | +2.9% | -1.2% | +3.5% | |
| Q1 2017 | +2.9% | -1.2% | +3.5% | |
| Q4 2016 | +2.9% | -1.2% | +3.5% | |
| Q2 2018 | +2.9% | -1.2% | +3.5% | |
| Q4 2018 | -20.1% | -17.9% | -19.2% | |
| Q3 2017 | +0.6% | -1.6% | +3.5% | |
| Q3 2018 | +0.6% | -1.6% | +3.5% | |
| Q4 2017 | +0.6% | -1.6% | +3.5% |
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