RBC Capital raised the firm’s price target on Builders FirstSource (BLDR) to $187 from $178 and keeps an Outperform rating on the shares ...
Builders FirstSource Q3 EPS of $3.07 beats expectations, but revenue drops 6.7% to $4.23B, missing consensus estimate. Builders FirstSource lowers FY24 sales guidance to $16.25B-$16.55B ...
Building materials company Builders FirstSource (NYSE:BLDR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 6.7% year on year to $4.23 billion. The company’s ...
Net sales were $4.2 billion, a 6.7% decrease, driven by lower core organic sales and commodity deflation, partially offset by growth from acquisitions and one additional selling day. Gross profit ...
Builders FirstSource shares have gained 45% over the past year but are down 10% from their highs due to high mortgage rates weighing on construction activity. Q3 results were mixed, with a 7% ...
Builders FirstSource posted declining sales in its latest quarter as factors including commodity deflation affected results, leading the company to lower its outlook for the year. The building ...
Builders FirstSource BLDR reported lackluster results for the third quarter of 2024, with earnings and net sales missing the Zacks Consensus Estimate. Stay up-to-date with all quarterly releases ...
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