Beacon Roofing Supply Q4 2023 Adj EPS $1.72 Beats $1.66 Estimate, Sales $2.30B Beat $2.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Beacon Roofing Supply (BECN) reported Q4 2023 adjusted EPS of $1.72, surpassing the $1.66 estimate, with sales of $2.30B also beating the $2.26B estimate. This represents a 16.81% increase in sales compared to the same period last year.
February 27, 2024 | 9:07 pm
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Beacon Roofing Supply reported a strong Q4 2023 with adjusted EPS and sales exceeding estimates, indicating robust financial health and operational efficiency.
Beacon Roofing Supply's better-than-expected Q4 2023 earnings and sales figures suggest a positive outlook for the company's financial health and operational efficiency. The significant year-over-year sales increase further underscores the company's growth trajectory, likely leading to a positive short-term impact on its stock price.
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