Builders FirstSource Q1 2024 GAAP EPS $2.10 Beats $1.98 Estimate, Sales $3.890B Beat $3.824B Estimate
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource (BLDR) reported Q1 2024 earnings of $2.10 per share, surpassing the $1.98 estimate, with sales of $3.890B also beating the $3.824B estimate, marking a 0.18% increase from the previous year.
May 07, 2024 | 11:00 am
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Builders FirstSource reported higher than expected Q1 2024 earnings and sales, indicating strong financial performance.
The positive earnings and sales beat by Builders FirstSource suggest a strong financial health and operational efficiency, likely leading to increased investor confidence and a potential short-term uptick in BLDR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100