Resideo Technologies (NYSE:REZI) Releases Earnings Results, Beats Expectations By $0.12 EPS

Resideo Technologies (NYSE:REZI) released its quarterly earnings data on Tuesday. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.12, FiscalAI reports. The business had revenue of $727.00 million for the quarter, compared to analysts’ expectations of $712.64 million. Resideo Technologies had a net margin of 4.50% and a return on equity of 15.62%. The company’s revenue for the quarter was down 61.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 EPS.

Here are the key takeaways from Resideo Technologies’ conference call:

• Core-channel growth was broad-based: Revenue excluding OEM security rose 6% year over year, with growth in retail, OEM combustion, electrical distribution, and HVAC. Management said both volume and pricing contributed despite a challenging housing market.
• Profitability improved in Q3: Gross margin was 40.4%, and standalone adjusted EBITDA increased 5% to $154 million. Price increases and operational efficiencies helped offset inflation, including a $13 million year-over-year input-cost headwind.
• Resideo raised its full-year 2026 outlook after Q3 results came in near the high end of expectations: revenue is now forecast at $2.927–$2.947 billion and adjusted EBITDA at $614–$624 million. The company also repaid $1.1 billion of gross debt following the ADI spinoff.
• Near-term growth faces several headwinds: For Q4, the company expects revenue of $710–$730 million, with core-channel growth of flat to low single digits and OEM security revenue down about $30 million year over year. Fewer selling days, foreign-exchange pressure, SKU rationalization, ongoing inflation, and an expected lack of tariff refunds weigh on the outlook.
• Management is emphasizing branded products, innovation, and efficiency as a standalone company, including new product launches, Pro-IQ services, SKU rationalization, and plans to exit three underused manufacturing facilities. Executives said these initiatives are intended to support growth and margin expansion, though Pro-IQ monetization is not yet material.

Resideo Technologies Trading Up 17.7%

Shares of NYSE REZI opened at $22.90 on Thursday. The company has a quick ratio of 1.41, a current ratio of 2.22 and a debt-to-equity ratio of 1.41. Resideo Technologies has a 12 month low of $15.90 and a 12 month high of $42.95. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 15.37 and a beta of 1.58. The business has a fifty day simple moving average of $18.48 and a 200-day simple moving average of $29.27.

More Resideo Technologies News

These are some of the REZI news items that stood out recently:

• Positive Sentiment: Citizens raised its price target to $29, citing strong Q3 results, adding to the favorable reaction to the earnings report. Citizens raises Resideo price target
• Positive Sentiment: Resideo said it repaid $1.1 billion of gross debt during the quarter, leaving gross debt at $2.1 billion at quarter-end—a potential positive for its balance sheet. Resideo Q3 results and outlook
• Negative Sentiment: Full-year 2026 adjusted EPS guidance of $1.92–$1.98 is below the $2.03 consensus. Fourth-quarter revenue guidance of $710–$730 million is also slightly below the $729.3 million estimate at its midpoint. OEM Security weakness and a cautious outlook could limit the benefit of the Q3 beat. Q3 2026 outlook and business trends

Insiders Place Their Bets

In related news, CEO Thomas Surran acquired 15,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were purchased at an average price of $20.46 per share, for a total transaction of $306,900.00. Following the acquisition, the chief executive officer owned 338,573 shares in the company, valued at approximately $6,927,203.58. This represents a 4.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joshua Foster purchased 15,317 shares of Resideo Technologies stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $20.58 per share, with a total value of $315,223.86. Following the transaction, the senior vice president owned 183,509 shares in the company, valued at $3,776,615.22. This represents a 9.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 41,245 shares of company stock worth $848,115. Company insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Zacks Research upgraded shares of Resideo Technologies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Evercore started coverage on Resideo Technologies in a report on Monday, September 28th. They issued an “outperform” rating and a $30.00 price objective for the company. Oppenheimer lowered their price target on Resideo Technologies from $27.00 to $25.00 and set an “outperform” rating on the stock in a report on Wednesday. Weiss Ratings cut shares of Resideo Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Citigroup began coverage on shares of Resideo Technologies in a report on Monday, October 19th. They issued a “market outperform” rating for the company. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.40.

Resideo Technologies Company Profile

Resideo Technologies is a provider of products and services for home comfort, safety, security and energy management. Its offerings include thermostats and other heating and cooling controls, indoor air quality products, water leak detection devices, fire and carbon monoxide alarms, and security systems. Products are sold under brands that include Honeywell Home and First Alert. The company also operates ADI Global Distribution, a distributor of security, audio-visual, communications and smart-home products.