Resideo Earnings Beat But Guidance Slashed | Business and Finance News

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Recorded19 Aug 2026

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Resideo’s Q2 earnings beat expectations with $1.98B in revenue and 83 cents in adjusted EPS—surpassing forecasts of $1.94B and 68 cents—thanks to strong customer demand, but profit margins took a hit from rising material costs and legal expenses, leading to a missed EBITDA target and a significant downward revision to full-year revenue guidance. CEO Thomas Surran attributed the outlook cut to a slowdown in the OEM security sector and assured analysts that recent cost pressures are temporary. Analysts pressed for clarity on new product adoption, pricing strategy, and the health of the Pro Channel, with Surran highlighting operational improvements as the real margin driver—while noting the OEM security segment remains the outlier. Key watch items moving forward: new product uptake, cost-cutting effectiveness, and whether the OEM slowdown is temporary or structural. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/44a73b3c842c1ed0

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