Oct 25 (Reuters) - Mohawk Industries Inc (NYSE:MHK) MHK.N :
* MOHAWK INDUSTRIES REPORTS Q3 RESULTS AND ANNOUNCES $500 MILLION STOCK REPURCHASE PLAN
* Q3 EARNINGS PER SHARE $3.02
* Q3 SALES $2.5 BILLION VERSUS I/B/E/S VIEW $2.6 BILLION
* Q3 EARNINGS PER SHARE VIEW $3.58 -- THOMSON REUTERS I/B/E/S
* SEES Q4 EARNINGS PER SHARE $2.45 TO $2.60 EXCLUDING ITEMS
* Q3 EARNINGS PER SHARE $3.29 EXCLUDING ITEMS
* TRANSPORTATION COSTS CONTINUED TO RISE DUE TO "LIMITED AVAILABILITY OF COMMON CARRIERS AND HIGHER FUEL PRICES" IN QUARTER
* BOARD OF DIRECTORS HAS APPROVED A NEW PLAN TO REPURCHASE $500 MILLION OF COMPANY'S STOCK
* EXPECT Q4 SALES TO BE SLIGHTLY SLOWER THAN PRIOR QUARTER IN MOST MARKETS AND PRODUCT CATEGORIES
* "EVEN WITH PRICE INCREASES ACROSS COMPANY, WILL NOT OFFSET INFLATION AND RESULTS WILL REMAIN UNDER PRESSURE"
* Q4 EARNINGS PER SHARE VIEW $3.51 -- THOMSON REUTERS I/B/E/S