Builders FirstSource, Inc. (NASDAQ:BLDR) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BLDR to report 3Q20 income of $ 0.64 per share.
For the full year, analysts anticipate top line of $ 8115.19 million, while looking forward to income of $ 2.06 per share bottom line.
Previous Quarter Performance
Builders FirstSource, Inc. announced income for the second quarter of $ 0.67 per share, from the revenue of $ 1,946.00 million. The quarterly earnings up 6.35 percent while revenues up 2.18 percent compared with the same quarter last year.
According to street consensus, BLDR was expected to report 2Q20 income of $ 0.32 per share from revenue of $ 1789.75 million. The bottom line results beat street analysts by $ 0.35 or 109.38 percent, at the same time, top line results outshined analysts by $ 156.25 million or 8.73 percent.
Stock Performance
Shares of Builders FirstSource, Inc. traded low $ -0.84 or -2.68 percent on Wednesday, reaching $ 30.51 with volume of 1.45 million shares. Builders FirstSource, Inc. has traded high as $ 31.39 and has cracked $ 30.15 on the downward trend
According to the previous trading day, closing price of $ 30.51, representing a 248.33 % increase from the 52 week low of $ 9.00 and a 9.63 % decrease over the 52 week high of $ 34.69.
The company has a market capital of $ 3.56 billion and is part of the Basic Materials sector and Building Materials industry.
Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West.
