An Overview of BlueLinx Hldgs's Earnings
Portfolio Pulse from Benzinga Insights
BlueLinx Hldgs (NYSE:BXC) is set to release its quarterly earnings on October 29, 2024, with analysts expecting an EPS of $1.19. The company's past performance shows mixed results, with a recent miss in EPS leading to a slight drop in share price. Analysts have a 'Buy' rating with a price target of $136, indicating potential upside. BlueLinx faces challenges in revenue growth and net margin but excels in return on equity and debt management.
October 28, 2024 | 6:03 pm
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BlueLinx Hldgs is expected to announce its quarterly earnings with an anticipated EPS of $1.19. The company has a 'Buy' rating from analysts with a price target of $136, suggesting a potential upside. Despite challenges in revenue growth and net margin, BlueLinx shows strong return on equity and sound debt management.
The upcoming earnings release is a significant event for BlueLinx Hldgs, with analysts expecting a positive EPS. The 'Buy' rating and price target indicate potential for stock price appreciation. However, the company's challenges in revenue growth and net margin could temper expectations. The strong return on equity and good debt management provide a positive outlook, supporting a likely short-term price increase.
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