Installed Building Prods: Q1 Earnings Insights - Installed Building Prods (NYSE:IBP)

Installed Building Prods IBP reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

Installed Building Prods beat estimated earnings by 3.37%, reporting an EPS of $2.15 versus an estimate of $2.08.

Revenue was up $71.82 million from the same period last year.

Last quarter the company beat on EPS by $0.27 which was followed by a 3.11% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.16	2.30	1.94	1.12
EPS Actual	2.43	2.51	2.48	1.54
Revenue Estimate	676.69M	671.15M	611.13M	542.08M
Revenue Actual	686.49M	719.11M	676.75M	587.49M

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.