Recap: Installed Building Products Q3 Earnings

Recap: Installed Building Products Q3 Earnings

Installed Building Prods IBP reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Installed Building Prods beat estimated earnings by 9.13%, reporting an EPS of $2.51 versus an estimate of $2.3.

Revenue was up $209.35 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.54 which was followed by a 5.34% drop in the share price the next day.

Here's a look at Installed Building Prods's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.94 1.12 1.52 1.63
EPS Actual 2.48 1.54 1.42 1.49
Revenue Estimate 611.13M 542.08M 520.69M 513.55M
Revenue Actual 676.75M 587.49M 533.72M 509.76M

To track all earnings releases for Installed Building Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings