Builders FirstSource Inc reports results for the quarter ended September 30 - Earnings Summary

• Builders FirstSource Inc BLDR.N reported quarterly adjusted earnings of $1.51​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.88. The mean expectation of twenty six analysts for the quarter was for earnings of $1.04 per share. Wall Street expected results to range from 28 cents to $1.49 per share.

• Revenue fell 2.2% to $3.85 billion from a year ago; analysts expected $3.77 billion.

• Builders FirstSource Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $60.41 million.

• Builders FirstSource Inc shares had fallen by 2.0% this quarter and lost 45.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 22.2% in the last three months.​

• In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 16 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

• Wall Street's median 12-month price target for Builders FirstSource Inc is $68.00, about 17.8% above its last closing price of $55.88

This summary was machine generated from LSEG data October 29 at 06:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)