Builders FirstSource Q3 Adj EPS $4.24 Beats $3.73 Estimate, Sales $4.53B Miss $4.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource reported Q3 adjusted earnings of $4.24 per share, beating the analyst consensus estimate of $3.73 by 13.67%. However, the company's quarterly sales of $4.53 billion missed the analyst consensus estimate of $4.84 billion by 6.32%. Both earnings and sales have decreased compared to the same period last year.
November 01, 2023 | 11:02 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Builders FirstSource's Q3 earnings beat estimates but sales missed, indicating mixed financial performance.
The company's earnings beat could potentially boost investor confidence, but the sales miss and YoY decreases might offset this positive sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100