Beacon Roofing (BECN) Moves 5.4% Higher: Will This Strength Last?

This roofing materials distributor is expected to post quarterly earnings of $2.83 per share in its upcoming report, which represents a year-over-year change of +6.4%. Revenues are expected to be $2.69 billion, up 7.5% from the year-ago quarter. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research ...