Unlocking Q2 Potential of TopBuild (BLD): Exploring Wall Street Estimates for Key Metrics

Core Insights - TopBuild (BLD) is expected to report quarterly earnings of $5.68 per share, an increase of 8.2% year-over-year, with revenues projected at $1.4 billion, reflecting a 6% increase from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding stocks, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [2] - Analysts have maintained the consensus EPS estimate for TopBuild over the last 30 days, indicating stability in their projections [1] Key Metrics Projections - Analysts project 'Net Sales- Specialty Distribution' to reach $584.37 million, a 1.7% increase from the prior-year quarter [4] - 'Net Sales- Installation' is estimated to be $881.06 million, reflecting an 8.9% increase year-over-year [4] - 'Operating profit, as reported- Installation' is expected to be $181.07 million, compared to $172.28 million from the previous year [4] - 'Operating profit, as reported- Specialty Distribution' is projected at $88.31 million, up from $85.98 million year-over-year [5] Stock Performance - TopBuild shares have increased by 26.2% in the past month, significantly outperforming the Zacks S&P 500 composite, which rose by 1.1% [5] - With a Zacks Rank 2 (Buy), TopBuild is anticipated to outperform the overall market in the near term [5]