Beacon Roofing Supply Inc. (BECN)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Beacon Roofing (BECN) Moves 7.7% Higher: Will This Strength Last?
Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Here's Why You Should Retain Beacon Stock in Your Portfolio for Now
BECN benefits from its focus on Ambition 2025 targets, buyout synergies and strategic investments. However, high costs and expenses are concerning.
Beacon Roofing Supply Stock Still Offers Upside For Investors
Beacon Roofing Supply, Inc. remains a soft “Buy” due to attractive pricing, strong revenue growth from acquisitions, and ongoing share buybacks despite mixed financial performance. The company has expanded significantly, operating 587 branches across the U.S. and Canada, with substantial investments in acquisitions and new locations. While organic growth is slow, BECN revenue rose 7.3% year-over-year, driven mainly by acquisitions, with notable increases in complementary building and non-residential roofing products.
Why Is Beacon Roofing (BECN) Up 22.5% Since Last Earnings Report?
Beacon Roofing (BECN) reported earnings 30 days ago. What's next for the stock?
5 Retail Building Products Stocks Set to Thrive Amid Industry Recovery
Technological investments, e-commerce growth and the recent interest rate cuts by the central bank are expected to strengthen the growth prospects of the Building Products - Retail industry. HD, LOW, FAST, BECN and TGLS appear well-positioned for growth.
Beacon Q3 Earnings & Sales Miss, '24 Adjusted EBITDA View Down
BECN's third-quarter 2024 results reflect notable non-discretionary repair and re-roofing demand amid high costs and expenses.
Beacon Roofing Supply, Inc. (BECN) Q3 2024 Earnings Call Transcript
Beacon Roofing Supply, Inc. (NASDAQ:BECN ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Binit Sanghvi - Vice President of Capital Markets and Treasurer Julian Francis - President and Chief Executive Officer Prithvi Gandhi - Chief Financial Officer Conference Call Participants Philip Ng - Jefferies Group LLC Brian Biros - Thompson Research Group Ryan Merkel - William Blair & Company Ketan Mamtora - BMO Capital Markets Michael Rehaut - JPMorgan Chase & Co. Michael Dahl - RBC Capital Markets David Manthey - Robert W. Baird & Co. Garik Shmois - Loop Capital Markets David MacGregor - Longbow Research Adam Baumgarten - Zelman & Associates LLC Operator Good morning, ladies and gentlemen, and welcome to the Beacon Third Quarter 2024 Earnings Call.
Compared to Estimates, Beacon Roofing (BECN) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Beacon Roofing (BECN) give a sense of how the business performed in the quarter ended September 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) Q3 Earnings and Revenues Lag Estimates
Beacon Roofing Supply (BECN) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $2.85 per share a year ago.
Beacon Roofing Supply (BECN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Beacon Roofing Supply: Stock Cannibal In The Making
Beacon Roofing Supply has been aggressively buying back shares since early 2022, returning $1.5 billion to shareholders, indicating strong capital allocation. The company has shown significant growth with a 10-year CAGR of 15.1% in revenue and 28.9% in free cash flow. Despite strong historical growth rates, the market is pricing in only 11% annual EPS growth, suggesting the stock is undervalued.
Beacon on Expansion Spree, Opens Branches in Four Locations
BECN stock is set to benefit from four branch openings across the United States. This move affirms its focus on achieving the Ambition 2025 goals.
