BlueLinx Holdings Inc. (NYSE:BXC) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.89 per share.
For the full year, analysts predict revenues of $ 2854.02 million, while looking forward to income of $ 1.20 per share.
Previous Quarter Performance
BlueLinx Holdings Inc. reported income for the second quarter of $ 0.92 per share, from the revenue of $ 699.00 million. Street analysts expected BlueLinx Holdings Inc. to report loss of $ 0.41 per share on revenue of $ 619.11 million for the second quarter. The bottom line results beat street analysts by $ 1.33 or 324.39 percent, at the same time, top line results outshined analysts by $ 79.89 million or 12.90 percent.
Stock Performance
Shares of BlueLinx Holdings Inc. traded low $ -0.35 or -1.57 percent on Tuesday, reaching $ 21.95 with volume of 53.40 thousand shares. BlueLinx Holdings Inc. has traded high as $ 22.85 and has cracked $ 21.64 on the downward trend
According to the previous trading day, closing price of $ 21.95, representing a 519.44 % increase from the 52 week low of $ 3.60 and a 32.24 % decrease over the 52 week high of $ 32.91.
The company has a market capital of $ 207.68 million and is part of the Basic Materials sector and Building Materials industry.
BlueLinx Holdings Inc., together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, spruce, and other wood products primarily used for structural support, walls, and flooring in construction projects; and specialty products comprising engineered wood, moulding, siding, cedar, metal, and insulation products. The company also provides a range of value-added services and solutions to its customers.
