TopBuild Q3 EPS $5.43 Beats $4.56 Estimate, Sales $1.33B Beat $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
TopBuild (NYSE:BLD) reported Q3 earnings of $5.43 per share, beating the analyst consensus estimate of $4.56 by 19.08%. This is a 13.12% increase from the same period last year. The company also reported quarterly sales of $1.33 billion, beating the analyst consensus estimate of $1.29 billion by 2.79%, a 1.92% increase from the same period last year.
October 31, 2023 | 10:53 am
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POSITIVE IMPACT
TopBuild's Q3 earnings and sales beat estimates, indicating strong performance. This could potentially lead to a positive impact on the company's stock.
TopBuild's earnings and sales for Q3 have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The YoY growth in both earnings and sales further strengthens this positive outlook.
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