Builders FirstSource Inc reports results for the quarter ended March 31 - Earnings Summary

• Builders FirstSource Inc BLDR.N reported quarterly adjusted earnings of $1.51​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.65. The mean expectation of nineteen analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from 88 cents to $1.62 per share.

• Revenue fell 6% to $3.66 billion from a year ago; analysts expected $3.66 billion.

• Builders FirstSource Inc's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of $96.3 million.

• Builders FirstSource Inc shares had fallen by 4.3% this quarter and lost 16.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 34.3% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

• Wall Street's median 12-month price target for Builders FirstSource Inc is $153.03

This summary was machine generated from LSEG data May 1 at 01:33 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)