NYSE$REZI
Resideo Technologies Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Resideo's Q4 2021 earnings were announced, revealing a slight decrease in revenue but an increase in earnings per share compared to the same period last year.
Resideo Technologies reported a decrease in net revenue for Q4 2021, down 3% to $1.45 billion. However, the company's fully diluted earnings per share increased slightly to $0.45. The company faced supply chain challenges and cost inflation, but made progress on foundational organizational and systems work.
- Net revenue decreased by 3% to $1.45 billion compared to Q4 2020.
- Gross profit margin decreased to 27.2% from 28.2% in the prior year.
- Operating profit was $141 million, compared to $152 million in Q4 2020.
- Fully diluted earnings per share increased to $0.45 from $0.44 in the fourth quarter 2020.
Headline financials
Revenue & EPS history
Resideo · Revenue · Quarterly
$1.45B
Revenue by segment
Resideo · $1.45B total across 2 segments · Q4 2021
- ADI Global Distribution$821M-0.5%56.5%
- Products and Solutions$633M-6.4%43.5%
Forward guidance
The company expects full year 2022 revenue to be in the range of $5.95 billion to $6.20 billion, gross profit margin in the range of 27.0% to 28.0% and operating profit in the range of $610 million to $650 million. The company expects first quarter 2022 revenue to be in the range of $1.425 billion to $1.475 billion, gross profit margin in the range of 27.5% to 28.5% and operating profit in the range of $140 million to $150 million.
Tailwinds
- Full year 2022 revenue expected to be in the range of $5.95 billion to $6.20 billion.
- Gross profit margin for full year 2022 expected to be between 27.0% and 28.0%.
- Operating profit for full year 2022 is projected to be in the range of $610 million to $650 million.
- First quarter 2022 revenue is anticipated to be between $1.425 billion and $1.475 billion.
- First quarter 2022 operating profit expected in the range of $140 million to $150 million.
Headwinds
- No specific negatives were mentioned in the provided guidance summary.
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 2021
+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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