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Installed Building Products (IBP) Q1 Earnings and Revenues Beat Estimates
IBPIBP(IBP) Zacks Investment Research·2024-05-09 13:40

Installed Building Products (IBP) came out with quarterly earnings of 2.47pershare,beatingtheZacksConsensusEstimateof2.47 per share, beating the Zacks Consensus Estimate of 2.23 per share. This compares to earnings of 2.15pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof10.762.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.76%. A quarter ago, it was expected that this residential insulation installer would post earnings of 2.53 per share when it actually produced earnings of $2.72, delivering a surprise of 7.51%.Over t ...