Building materials company Builders FirstSource (NYSE:BLDR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 6.7% year on year to $4.23 billion. The company’s ...

Revenue: US$4.23b (down 6.7% from 3Q 2023). Net income: US$284.8m (down 37% from 3Q 2023). Profit margin: 6.7% (down from 10.0% in 3Q 2023). The decrease in margin was driven by lower revenue.

The company's revenue for the quarter fell 6.7% to $4.232 billion from $4.534 billion last year. BUILDERS FIRSTSOURCE INC earnings at a glance (GAAP) : -Earnings (Q3): $284.78 Mln. vs. $451.46 Mln.

UBS initiated coverage of Builders FirstSource (BLDR) with a Buy rating and $232 price target The growth thesis for Builders FirstSource is solid, with levers for margin expansion, and UBS ...

Builders FirstSource posted declining sales in its latest quarter as factors including commodity deflation affected results, leading the company to lower its outlook for the year. The building ...

Builders FirstSource fell by 7% on Tuesday, a week before its Q3 report, potentially reflecting potential investor sentiment shifts and macroeconomic concerns impacting homebuilding demand.

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indicating changes of -19.95% and -1.6%, respectively, compared to the previous year. Investors might also notice recent changes to analyst estimates for Builders FirstSource. These recent ...

Negative Revenue Trend: Examining Builders FirstSource's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -1.6% in revenue ...

However, revenue declined 6.7% YoY to $4.2 billion, missing analyst projections of $4.44 billion. Builders FirstSource CEO Dave Rush said the company delivered "resilient third quarter performance ...

In this article, we are going to take a look at where Builders FirstSource, Inc. (NYSE ... its third-quarter earnings results, revealing a 6.7% drop in net sales, which totaled $4.2 billion.