Beacon Roofing Supply (BECN) Lags Q2 Earnings and Revenue Estimates

Beacon Roofing Supply (BECN) came out with quarterly earnings of $2.32 per share, missing the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -17.73%. A quarter ago, it was expected that this roofing materials distributor would post earnings of $0.35 per share when it actually produced earnings of $0.41, delivering a surprise of 17.14%. Over the l ...