Builders FirstSource Sees 2024 Net Sales $17.5B-$18.5B vs $17.98B Est.
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource projects its 2024 net sales to be between $17.5 billion and $18.5 billion, compared to the estimated $17.98 billion.
May 07, 2024 | 11:08 am
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Builders FirstSource projects its 2024 net sales to range from $17.5 billion to $18.5 billion, which is around the current estimate of $17.98 billion.
The projection of net sales by Builders FirstSource for 2024 suggests a positive outlook, potentially exceeding analyst expectations. This could lead to increased investor confidence and a positive impact on the stock price in the short term, especially since the forecast range's midpoint is slightly above the current estimate.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100