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Market Overview

Installed Building Products: Q1 Earnings Insights

Share:

Shares of Installed Building Prods (NYSE:IBP) were unchanged in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 52.94% over the past year to $0.78, which beat the estimate of $0.62.

Revenue of $397,331,000 up by 16.13% from the same period last year, which beat the estimate of $381,850,000.

Outlook

Installed Building Prods hasn't issued any earnings guidance for the time being.

Installed Building Prods hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 08, 2020

Webcast URL: http://public.viavid.com/player/index.php?id=139573

Recent Stock Performance

Company's 52-week high was at $80.25

Company's 52-week low was at $29.02

Price action over last quarter: down 21.54%

Company Overview

Installed Building Products Inc is an insulation installer serving the residential new construction market. The company operates primarily in the United States. The company installs fiberglass, spray foam, cellulose, and radiant barrier. In addition to insulations, Installed Building Products offers installation services for garage doors, rain gutters, closet shelving, shower doors, mirrors, fireplaces, and bath and door hardware.

 

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Posted-In: Earnings News

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