Builders FirstSource (BLDR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this construction supply company have returned +0.1%, compared to the Zacks S&P 500 composite's -4.8% change. During this period, the Zacks Building Products - Retail industry, which Builders FirstSource falls in, has lost 2.9%. The key question now is: What ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40620 BUILDERS FIRSTSOURCE, INC. (Exact name of registrant as specified in its charter) Delaware 52-2084569 (State or other jurisdiction of ...

Builders FirstSource, Inc. (BLDR) reported mixed results for the second quarter of 2024 with earnings surpassing the Zacks Consensus Estimate but net sales missing the same. Both earnings and sales declined year over year owing to weaker-than-expected Single-Family starts, slowing Multi-Family, and broader housing affordability challenges. Shares of this manufacturer and supplier of building materials dipped 5.4% in the pre-market trading session on Aug 6. On an impressive note, BLDR achieved around $37 mil ...

Builders FirstSource, Inc. (NYSE:BLDR) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Heather Kos - Senior Vice President, Investor Relations Dave Rush - Chief Executive Officer Peter Jackson - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Capital Mike Dahl - RBC Capital Markets Rafe Jadrosich - Bank of America Trey Grooms - Stephens, Inc. Adam Baumgarten - Zelman & Associates David Manthey - Robert W. Baird Reuben Garner - The Benchmark Comp ...

Builders FirstSource (BLDR) came out with quarterly earnings of $3.50 per share, beating the Zacks Consensus Estimate of $3.14 per share. This compares to earnings of $3.89 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.46%. A quarter ago, it was expected that this construction supply company would post earnings of $2.42 per share when it actually produced earnings of $2.65, delivering a surprise of 9.50%. Over the last f ...

Footnote Builders® OUTPERFORM TODAY. TRANSFORM TOMORROW. Q2 2024 Earnings Presentation D A V E R U S H , C E O P E T E R J A C K S O N , C F O A U G U S T 6 , 2 0 2 4 Safe Harbor & Non-GAAP Financial Measures Footnote Cautionary Notice Statements in this presentation and the schedules hereto that are not purely historical facts or that necessarily depend upon future events, including statements about forecasted financial performance or other statements about anticipations, beliefs, expectations, hopes, syne ...

For Immediate Release Builders FirstSource Reports Second Quarter 2024 Results August 6, 2024 (Irving, TX) – Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: • Net sales were $4.5 billion, a 1.6% decrease, with core organic sales down 3.8% as Multi-Family continues to trend downward, partially offset by growth from acquisitions and Single Family. • Gross profit ...

Builders FirstSource, Inc. (BLDR) is slated to report second-quarter 2024 results on Aug 6, before the opening bell. In the last reported quarter, the company's adjusted earnings topped the Zacks Consensus Estimate but declined 10.5% year over year due to tepid net sales and a timing shift in product mix toward lower margins. The weakening Multi-Family market and higher mortgage rates were major headwinds despite growth in the Single- Family market. On an impressive note, BLDR has a solid earnings surprise ...

Below are three underperforming S&P 500 stocks that were down 30% or more in the second quarter. They were the worst-performing stocks on the index. But since they are offering extreme discounts, let's see if they are worth diving into now. Despite the IT stock beating analyst estimates for the period, its guidance for the second quarter and full-year underwhelmed the market. EPAM forecasts a 2.6% decline in Q2 sales and a better than 1% drop in revenue for all of 2024. It guided full-year revenue toward a ...

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Builders FirstSource (BLDR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this construction supply com ...