Builders FirstSource Inc. (BLDR)
Builders FirstSource: Encouraging Margins But Soft Revenue In Q3
Builders FirstSource shares have gained 45% over the past year but are down 10% from their highs due to high mortgage rates weighing on construction activity. Q3 results were mixed, with a 7% revenue decline but optimistic margin data, leading to a 5% share price increase. The company is diversifying into value-add products to reduce price variability and has generated $1.2 billion of free cash flow year to date.
Builders FirstSource, Inc. (BLDR) Q3 2024 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 10:12 AM ET Builders FirstSource, Inc. (NYSE:BLDR ) Q3 2024 Earnings Call November 05, 2024, 09:00 AM ET Company Participants Dave Rush - CEO Peter Jackson - CEO designate and CFO Pete Beckmann - CFO designate Heather Kos - SVP, IR Conference Call Participants Matthew Bouley - Barclays Charles Perron-Piche - Goldman Sachs Mike Dahl - RBC David Manthey - Baird Rafe Jadrosich - Bank of America Philip Ng - Jefferies Jay McCanless - Wedbush Jeffrey Stevenson - Loop Capital Steven Ramsey - Thompson Research Group Ketan Mamtora - BMO Capital Markets Alex Rygiel - B. Riley Operator Good day, and welcome to the Builders FirstSource Third Quarter 2024 Earnings Conference Call.
Builders FirstSource Q3 Earnings & Net Sales Miss, Margins Down
BLDR's third-quarter performance reflects continued Multi-Family and core organic normalization.
Builders FirstSource (BLDR) Lags Q3 Earnings and Revenue Estimates
Builders FirstSource (BLDR) came out with quarterly earnings of $3.07 per share, missing the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $4.24 per share a year ago.
Builders FirstSource (BLDR) Increases Despite Market Slip: Here's What You Need to Know
Builders FirstSource (BLDR) reachead $172.88 at the closing of the latest trading day, reflecting a +0.75% change compared to its last close.
Earnings Preview: Builders FirstSource (BLDR) Q3 Earnings Expected to Decline
Builders FirstSource (BLDR) 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.
Here is What to Know Beyond Why Builders FirstSource, Inc. (BLDR) is a Trending Stock
Builders FirstSource (BLDR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Builders FirstSource (BLDR) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Builders FirstSource (BLDR) Rises Higher Than Market: Key Facts
Builders FirstSource (BLDR) closed the most recent trading day at $196.71, moving +1.92% from the previous trading session.
Is Trending Stock Builders FirstSource, Inc. (BLDR) a Buy Now?
Recently, Zacks.com users have been paying close attention to Builders FirstSource (BLDR). This makes it worthwhile to examine what the stock has in store.
This Builders FirstSource Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Will Builders FirstSource (BLDR) Beat Estimates Again in Its Next Earnings Report?
Builders FirstSource (BLDR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
