Installed Building Products (IBP) Q4 Earnings and Revenues Beat Estimates

Installed Building Products (IBP) came out with quarterly earnings of $3.24 per share, beating the Zacks Consensus Estimate of $2.8 per share. This compares to earnings of $2.9 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.55%. A quarter ago, it was expected that this residential insulation installer would post earnings of $2.69 per share when it actually produced earnings of $3.18, delivering a surprise of +18.22%.Over ...