Installed Building Products (IBP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates Installed Building Products (IBP) will report a year-over-year increase in earnings driven by higher revenues for the quarter ending September 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - IBP is expected to report quarterly earnings of $2.98 per share, reflecting a year-over-year increase of 6.8$757.91 million, up 7.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 2.82% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that the Most Accurate Estimate for IBP is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.15%, which suggests a bearish outlook [10]. Historical Performance - IBP has beaten consensus EPS estimates in the last four quarters, with the most recent quarter showing a surprise of +4.50% [11][12]. Industry Comparison - Another company in the building products sector, Aspen Aerogels, is expected to report a loss of $0.05 per share, with revenues anticipated to be$116.97 million, reflecting a significant year-over-year increase of 92.5% [16].