Stock Market Live June 24, 2026: S&P 500 (SPY) Attempting to Regain Momentum
Q3 25 EPS
$0.89
BEAT +28.99%
Est. $0.69
Q3 25 Revenue
$1.86B
MISS 0.75%
Est. $1.88B
vs S&P Since Q3 25
-11.0%
TRAILING MARKET
REZI -0.7% vs S&P +10.2%
Market Reaction
Did REZI Beat Earnings? Q3 2025 Results
Resideo Technologies posted a record-setting third quarter in 2025, delivering adjusted EPS of $0.89 against a consensus estimate of $0.69, a beat of 28.99%, even as revenue of $1.86 billion came in just 0.75% below expectations and grew 2.0% year ov… Read more Resideo Technologies posted a record-setting third quarter in 2025, delivering adjusted EPS of $0.89 against a consensus estimate of $0.69, a beat of 28.99%, even as revenue of $1.86 billion came in just 0.75% below expectations and grew 2.0% year over year. The standout profitability reflected a record Q3 gross margin of 29.8% and net income of $156.00 million, with both the ADI Global Distribution and Products & Solutions segments contributing equally to top-line growth. The quarter's defining event, however, was a $1.59 billion one-time payment to Honeywell in August to terminate a longstanding indemnification agreement, a move that weighed heavily on reported cash flows but eliminates a significant long-term financial obligation. Despite the operational strength, shares fell sharply after the company's forward guidance underwhelmed investors; Resideo guided Q4 revenue to $1.85 billion to $1.89 billion and full-year 2025 revenue to $7.43 billion to $7.47 billion, with adjusted EPS of $2.57 to $2.67, as a planned corporate separation into two independent public companies remains on track for the second half of 2026.
Key Takeaways
- • Record high Q3 gross margin of 29.8%, up 110 basis points year-over-year
- • P&S achieved ten consecutive quarters of year-over-year margin expansion
- • ADI achieved six consecutive quarters of year-over-year margin expansion
- • Price realization and customer demand for new products drove P&S revenue growth
- • Cross-selling of Snap One Exclusive Brands across broader ADI customer base improved margins
- • E-commerce revenue at ADI grew 3% year-over-year
- • Efficient utilization of manufacturing facilities drove P&S gross margin expansion
- • ADI Exclusive Brands revenue grew 3% year-over-year
REZI YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
REZI Revenue by Segment
With YoY comparisons, source: SEC Filings
“Resideo delivered another strong quarter driven by solid execution, demonstrating the healthy operating fundamentals of our business. In the third quarter, we achieved record-high gross margins, earnings per share, and Adjusted EBITDA, all of which were enabled by continued organic net revenue growth and margin expansion by both the ADI and P&S business segments.”
— Jay Geldmacher, Q3 2025 Earnings Press Release
REZI Earnings Trends
REZI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
REZI EPS Trend
Earnings per share: estimate vs actual
REZI Revenue Trend
Quarterly revenue: estimate vs actual
REZI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.61 | $0.65 | +7.44% | $1.91B | +2.19% |
| Q4 25 MISS FY | $0.52 | $0.50 | -4.45% | $1.90B | +0.37% |
| FY Full Year | $2.58 | $2.68 | +4.01% | $7.47B | +0.59% |
| Q3 25 BEAT | $0.69 | $0.89 | +28.99% | $1.86B | -0.75% |
| Q2 25 BEAT | $0.53 | $0.66 | +24.53% | $1.94B | +6.58% |
| Q1 25 BEAT | $0.31 | $0.63 | +105.41% | $1.77B | +1.95% |