Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Beacon Roofing Supply (NASDAQ:BECN) announces its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Analysts expect Beacon Roofing Supply earnings of $0.59 per share. Revenue will likely be around $1.73 billion, according to the consensus estimate. Beacon Roofing Supply reported a profit of $1.120 per share when it published results during the same quarter last year. Sales in that period totaled $1.93 billion. The Wall Street consensus estimate for earnings would represent a 47.32% decrease for the company. Here's how the Beacon Roofing Supply's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.32 | 0.43 | 1.21 | 1.25 |
| EPS Actual | -0.18 | 0.41 | 1.04 | 1.12 |
| Revenue Estimate | 1.44 B | 1.71 B | 2.05 B | 1.99 B |
| Revenue Actual | 1.46 B | 1.68 B | 2.03 B | 1.93 B |
Stock Performance
Over the last 52-week period, shares are up 12.17%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Beacon Roofing Supply is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.beaconroofingsupply.com%2Ffinancials-and-presentations%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403358&sessionid=1&key=2384765A78ED68F49E6514A81BE2B8C4®Tag=&sourcepage=register
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.