Recap: Beacon Roofing Supply Q4 Earnings
Portfolio Pulse from Benzinga Insights
Beacon Roofing Supply (NASDAQ:BECN) reported Q4 earnings with an EPS of $1.72, beating estimates by 4.0% and showing a revenue increase of $331.00 million from the previous year. The company has a history of surpassing EPS estimates, which has positively impacted its share price in the past.
February 27, 2024 | 9:10 pm
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Beacon Roofing Supply reported a Q4 EPS of $1.72, surpassing estimates by 4.0%, and a significant year-over-year revenue increase. The company has a consistent record of beating EPS estimates.
Beacon Roofing Supply's Q4 earnings beat and revenue increase are likely to positively impact its stock price in the short term, considering its history of share price increases following earnings beats. The company's consistent performance in surpassing EPS estimates suggests a strong financial health and operational efficiency, which are key factors investors look for.
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