CORRECTION: Builders FirstSource Q4 2023 Adj EPS $3.55 Beats $2.54 Estimate, Sales $4.15B Beat $4.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource reported its Q4 2023 adjusted earnings per share (EPS) at $3.55, surpassing the estimated $2.54. Sales reached $4.15 billion, also beating the forecast of $4.03 billion.
February 22, 2024 | 12:06 pm
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Builders FirstSource exceeded Q4 2023 earnings and sales estimates, with an adjusted EPS of $3.55 against a $2.54 forecast and sales of $4.15B against a $4.03B forecast.
Exceeding both earnings and sales estimates typically signals strong company performance and operational efficiency, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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