Earnings Outlook For Builders FirstSource

Builders FirstSource BLDR announces its next round of earnings this Thursday, October 29. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Builders FirstSource reporting earnings of $0.65 per share on sales of $2.27 billion. In the same quarter last year, Builders FirstSource reported earnings per share of $0.72 on sales of $1.98 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Thursday, quarterly profit would be down 9.72%. Revenue would be up 14.59% from the same quarter last year. Builders FirstSource's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.32 0.28 0.35 0.59
EPS Actual 0.67 0.34 0.40 0.72
Revenue Estimate 1.79 B 1.77 B 1.76 B 1.87 B
Revenue Actual 1.95 B 1.79 B 1.76 B 1.98 B

Stock Performance

Shares of Builders FirstSource were trading at $31.35 as of October 27. Over the last 52-week period, shares are up 36.67%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Builders FirstSource is scheduled to hold the call at 10:00:00 ET and can be accessed here.

Posted In: Earnings

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