Resideo forecasts fy 2020 revenue to rise 2%-4%

Resideo announces fourth-quarter and full-year 2019 results.sees fy 2020 revenue up 2 to 4 percent.q4 revenue $1.3 billion versus refinitiv ibes estimate of $1.28 billion.qtrly gaap loss per share of $0.07; adjusted eps of $0.39.expects multi-year, multi-phase program to deliver $30 - $40 million of incremental adjusted ebitda for 2020.expects multi-year, multi-phase program to deliver $80 - $120 million of incremental adjusted ebitda in 2021.total program is expected to drive greater than $200 million of incremental adjusted ebitda in 2022 and beyond.full-year 2020 adjusted ebitda is currently expected to be in range of $420 - $450 million.q4 earnings per share view $0.28 -- refinitiv ibes data.
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