Builders FirstSource Sees FY24 Net Sales $16.4B-$17.2B Vs $17.631B Est.
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource (BLDR) has provided its FY24 net sales guidance, projecting between $16.4 billion and $17.2 billion, which is below the estimated $17.631 billion.
August 06, 2024 | 11:07 am
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Builders FirstSource (BLDR) has issued its FY24 net sales guidance, forecasting between $16.4 billion and $17.2 billion, which is lower than the market estimate of $17.631 billion.
The lower-than-expected sales guidance for FY24 is likely to negatively impact investor sentiment and could lead to a short-term decline in BLDR's stock price.
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