What Analyst Projections for Key Metrics Reveal About TopBuild (BLD) Q3 Earnings

Core Viewpoint - TopBuild (BLD) is expected to report quarterly earnings of $5.62 per share, a 3.5% increase year-over-year, with revenues projected at $1.4 billion, reflecting a 5.4% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.8% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as there is a strong correlation between these revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts predict 'Net Sales- Specialty Distribution' to be $598.66 million, a 4.8% year-over-year increase [5]. - 'Net Sales- Installation' is expected to reach $877.98 million, indicating a 6.9% increase from the prior-year quarter [5]. - 'Operating profit, as reported- Installation' is forecasted at $177.47 million, up from $175.22 million in the same quarter last year [5]. - 'Operating profit, as reported- Specialty Distribution' is estimated to be $92.12 million, compared to $88.27 million a year ago [6]. Market Performance - TopBuild shares have decreased by 11.7% over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [6]. - With a Zacks Rank of 4 (Sell), TopBuild is anticipated to underperform the overall market in the near future [6].