Mohawk Industries to Report Q3 Results: Earnings Down, Stock Up 7.4% Expected
Mohawk Industries, Inc. (MHK), a global leader in comprehensive flooring manufacturing, is set to unveil its third-quarter results on October 23, 2025. The company, known for its wide range of residential and commercial flooring products, has seen mixed performance in recent times.
Mohawk Industries is expected to report earnings of $2.66 per diluted share, marking an 8.3% year-over-year decline. Looking ahead to fiscal year 2025, profits are forecast to decrease by 6.2% annually to $9.10 per diluted share. Despite these projections, Wall Street analysts maintain a 'Moderate Buy' consensus rating, with a mean price target of $135.50, suggesting a 7.4% upside from current levels.
The company's stock performance has been lackluster, dropping by 18.3% over the past 52 weeks, compared to the S&P 500's 17.2% increase. Mohawk Industries has also underperformed its consumer discretionary sector, with the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 21.1% over the same period. However, the company's stock gained 4.2% intraday on July 25 following better-than-expected second-quarter results.
Despite recent setbacks, several stock analysts remain optimistic about Mohawk Industries' prospects. Notable 'Buy' ratings and target prices include those from Andreas Pläsier (Warburg Research - 30.00 euros), Mengxian Sun (Deutsche Bank - 22.00 euros), Philipp Häßler (DZ Bank - 22.00 euros), Simon Keller (HAIB - 21.00 euros), and Roland Pfänder (Oddo BHF - 20.00 euros).
Mohawk Industries, with its extensive product offerings and vertically integrated operations, is poised to report its third-quarter results on October 23, 2025. Despite recent earnings and stock market performance challenges, the company continues to draw optimism from Wall Street analysts. As the company looks ahead, investors will be watching for signs of a turnaround in its financial performance.
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