Installed Building Prods's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Installed Building Prods (NYSE:IBP) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $2.38. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. The company's shares were trading at $122.5 as of November 6, and have seen a 59.21% increase over the last 52-week period.
November 07, 2023 | 4:01 pm
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Installed Building Prods is expected to release its Q3 earnings report. The company has a history of beating EPS estimates, but this has not consistently led to a rise in share price. The stock has seen a 59.21% increase over the past year.
The company's earnings release is a significant event that could impact its stock price. However, past performance shows that beating EPS estimates does not always lead to an immediate increase in share price. Therefore, the short-term impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100