Builders FirstSource Inc Set to Release Quarterly Earnings
Builders FirstSource Inc, a leading manufacturer and distributor of building products, is gearing up to release its quarterly earnings on July 31st. This highly anticipated event is expected to shed light on the company’s financial performance over the past quarter.
Analysts have been closely monitoring the company’s progress, and their estimates suggest a decline in earnings per share (EPS) to around 2.26 USD, down from 2.87 USD in the previous year’s quarter. This decrease is a significant concern for investors, as it may indicate a slowdown in the company’s growth.
In addition to the decline in EPS, revenue is also expected to decrease by around 3.95% year-over-year, with a projected total of 4.28 billion USD. This decline in revenue is a worrying sign, as it may suggest that the company is struggling to maintain its market share.
Looking ahead to the full fiscal year, analysts predict a lower EPS of 7.80 USD, down from 9.06 USD in the previous year. However, there is some good news on the revenue front, with a slight increase expected to around 16.22 billion USD.
But what’s really caught the attention of investors is the unusual options activity that has been observed in the lead-up to the earnings release. This could potentially indicate an earnings surprise, which could have a significant impact on the company’s stock price.
Key Takeaways:
- Analysts expect a decline in EPS to 2.26 USD, down from 2.87 USD in the previous year’s quarter
- Revenue is expected to decrease by around 3.95% year-over-year, with a projected total of 4.28 billion USD
- Analysts predict a lower EPS of 7.80 USD for the full fiscal year, down from 9.06 USD in the previous year
- Revenue is expected to increase to around 16.22 billion USD for the full fiscal year
- Unusual options activity has been observed, potentially indicating an earnings surprise