AUSTIN, Texas (AP) _ Resideo Technologies Inc. (REZI) on Thursday reported third-quarter profit of $68 million.
On a per-share basis, the Austin, Texas-based company said it had net income of 46 cents.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.
The residential comfort and security systems maker posted revenue of $1.5 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.52 billion.
Resideo Technologies expects full-year revenue in the range of $5.83 billion to $5.88 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on REZI at https://www.zacks.com/ap/REZI
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News