Builders FirstSource, Inc. (NASDAQ:BLDR) Expected to Announce Earnings of $2.68 Per Share - Defense World

2022-05-14 15:34:26 By : Mr. Harvey Zhong

Posted by admin on May 14th, 2022

Wall Street brokerages expect Builders FirstSource, Inc. (NASDAQ:BLDR – Get Rating) to report earnings of $2.68 per share for the current quarter, according to Zacks. Five analysts have made estimates for Builders FirstSource’s earnings, with the lowest EPS estimate coming in at $2.39 and the highest estimate coming in at $3.08. Builders FirstSource reported earnings per share of $2.76 in the same quarter last year, which would suggest a negative year over year growth rate of 2.9%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Builders FirstSource will report full year earnings of $10.49 per share for the current fiscal year, with EPS estimates ranging from $9.35 to $12.62. For the next financial year, analysts expect that the company will post earnings of $8.89 per share, with EPS estimates ranging from $7.02 to $10.30. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Builders FirstSource.

Separately, StockNews.com assumed coverage on shares of Builders FirstSource in a research report on Thursday, March 31st. They issued a “buy” rating for the company.

NASDAQ:BLDR opened at $66.89 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 1.10 and a debt-to-equity ratio of 0.66. Builders FirstSource has a 52-week low of $39.24 and a 52-week high of $86.48. The stock has a market cap of $11.82 billion, a P/E ratio of 5.95 and a beta of 2.13.

About Builders FirstSource (Get Rating)

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior and exterior trims and custom products under the Synboard brand name.

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