Beacon Roofing Supply (BECN) Q4 Earnings and Revenues Lag Estimates

Core Insights - Beacon Roofing Supply reported quarterly earnings of $1.65 per share, missing the Zacks Consensus Estimate of $1.67 per share, and down from $1.72 per share a year ago, representing an earnings surprise of -1.20% [1] - The company posted revenues of $2.4 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.79%, and showing an increase from $2.3 billion year-over-year [2] - The stock has gained approximately 14.2% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $2.01 billion, and for the current fiscal year, it is $8.02 on revenues of $10.14 billion [7] - The estimate revisions trend for Beacon Roofing is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Building Products - Retail industry, to which Beacon Roofing belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]