TopBuild Q2 EPS $5.25 Beats $4.30 Estimate, Sales $1.32B Beat $1.27B Estimate
Portfolio Pulse from Benzinga Newsdesk
TopBuild (NYSE:BLD) reported Q2 earnings of $5.25 per share, beating the analyst consensus estimate of $4.30 by 22.09%. This is an 18.51% increase from the same period last year. The company also reported quarterly sales of $1.32 billion, beating the analyst consensus estimate of $1.27 billion by 3.94%, a 3.61% increase from the same period last year.
August 04, 2023 | 12:51 pm
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POSITIVE IMPACT
TopBuild's Q2 earnings and sales beat estimates, which could lead to a positive short-term impact on its stock.
TopBuild's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100