Builders FirstSource Q2 2024 Adj. EPS $3.50 Beats $3.02 Estimate, Sales $4.456B Miss $4.483B Estimate
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource (NYSE:BLDR) reported Q2 2024 adjusted EPS of $3.50, beating the estimate of $3.02 by 15.89%. However, sales of $4.456 billion missed the $4.483 billion estimate by 0.61%, marking a 1.61% decrease from the same period last year.
August 06, 2024 | 11:02 am
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Builders FirstSource reported Q2 2024 EPS of $3.50, beating estimates by 15.89%, but sales of $4.456 billion missed estimates by 0.61%. Sales also decreased by 1.61% compared to the same period last year.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss in sales and year-over-year decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100