Beacon Roofing Supply Q2 GAAP EPS $1.97, Sales $2.51B Beat $2.50B Estimate
Portfolio Pulse from Benzinga Newsdesk
Beacon Roofing Supply reported Q2 earnings of $1.97 per share, beating analyst expectations. The company's quarterly sales of $2.51 billion also surpassed the consensus estimate of $2.50 billion by 0.28 percent, marking a 6.32 percent increase from the same period last year.
August 04, 2023 | 2:17 pm
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POSITIVE IMPACT
Beacon Roofing Supply's Q2 earnings and sales exceeded analyst expectations, which could positively impact the company's stock in the short term.
Beacon Roofing Supply's Q2 earnings and sales beat analyst expectations, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100