Analysts project profit growth in Mohawk's upcoming earnings report, with a slight decline in 2025.

Mohawk Industries, Inc. is a leading global flooring supplier with a market cap of around $7 billion. The company offers a variety of products for residential and commercial use, including carpet, rugs, tile, wood, and vinyl. Analysts project a profit of $2.63 per share for the fiscal 2025 second-quarter earnings report. Long-term forecasts show a slight decline in earnings for fiscal 2025 but a strong rebound in fiscal 2026. Despite underperforming the S&P 500, Mohawk remains optimistic with a “Moderate Buy” rating among analysts. Shares slipped after mixed Q1 earnings, but adjusted EPS beat estimates.

Source: www.barchart.com

Read more at Yahoo Finance: What to Expect From Mohawk’s Next Quarterly Earnings Report