ReutersReuters

Mohawk slips after forecasting fourth-quarter profit below estimates

Refinitivน้อยกว่า 1 นาทีในการอ่าน

** Shares of home flooring manufacturer Mohawk Industries MHK fall 5% to $122 in early afternoon trading

** Co expects Q4 profit below estimates on weak ceramic and flooring sales

** MHK estimates Q4 adj. profit between $1.90 and $2.00 per share, below the estimate of $2.14 apiece, according to data compiled by LSEG

** Co posts Q3 adj. profit of $2.67/share, beating analysts' avg. estimate of $2.64/share

** Reports quarterly revenue of $2.76 bln, above estimate of $2.73 bln

** Including session moves, shares up 3.2% YTD

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