Beacon Roofing Supply Q1 Sales $1.91B Beat $1.89B Estimate
Portfolio Pulse from Benzinga Newsdesk
Beacon Roofing Supply reported Q1 sales of $1.91 billion, surpassing the analyst consensus estimate of $1.89 billion by 1.19% and marking a 10.42% increase from $1.73 billion in the same period last year.
May 02, 2024 | 8:02 pm
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Beacon Roofing Supply's Q1 sales exceeded estimates, showing a significant year-over-year growth.
Beacon Roofing Supply's better-than-expected quarterly sales indicate strong performance and could lead to positive investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100