Beacon Rooking Supply (BECN) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the company last reported. Roofing companies have hurt by the consistently higher interest rates and the tariff tantrum may disrupt the supply chain.
Beacon Roofing (BECN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BECN's roofing portfolio is set to gain from the new partnership with the developer of roofing robots in New York. Dive in to learn more about the collab.
BECN acquires DM Figley, reinforcing its waterproofing division and advancing Ambition 2025 growth initiatives.
BECN's fourth-quarter 2024 results reflect investments in technology, acquisitions, and operational improvements amid weakness in residential roofing.
Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Binit Sanghvi - Vice President of Capital Markets & Treasurer Julian Francis - President and Chief Executive Officer Prithvi Gandhi - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Dahl - RBC Capital Markets David Manthey - Baird Trevor Allinson - Wolfe Research Brian Biros - Thompson Research Group Garik Shmois - Loop Capital Ethan Roberts - Stephens David MacGregor - Longbow Research Keith Hughes - Truist Securities Operator Good morning, ladies and gentlemen, and welcome to the Beacon Fourth Quarter and Full Year 2024 Earnings Call. My name is Chach, and I'll be your coordinator for today.
While the top- and bottom-line numbers for Beacon Roofing (BECN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Beacon Roofing Supply (BECN) came out with quarterly earnings of $1.65 per share, missing the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.72 per share a year ago.
“We held our guidance all year — not many industrial distribution companies did that,” CEO Julian Francis tells MarketWatch.
Beyond analysts' top -and-bottom-line estimates for Beacon Roofing (BECN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Investors need to pay close attention to Beacon Roofing Supply (BECN) stock based on the movements in the options market lately.
Beacon Roofing Supply President and CEO Julian Francis joins 'Mad Money' host Jim Cramer to talk the state of the industry, its offerings and more.