Beacon Roofing Supply: Here’s What Investors Need to Know Before Earnings
Beacon Roofing Supply (NASDAQ:BECN) will report earnings before markets open on Friday, May 10th. Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The Company also distributes other complementary building materials, including siding, windows, specialty lumber products, and waterproofing systems, for residential and non-residential building exteriors.
Here is your Cheat Sheet to Beacon Roofing Supply Earnings:
Earnings Expectations: Analysts expect earnings of $0.01 per share on revenues of $417.79 million. Currently, the company’s P/E ratio stands at 25.40.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.71 to a profit $0.74. For the current year, the average estimate is a profit of $1.85, which is the same as the estimate ninety days ago.
Here’s how Beacon Roofing Supply has been performing on an annual basis:
|Revenue ($) in millions||1,784||1,734||1,610||1,817||2,044|
|Diluted EPS ($)||0.90||1.15||0.75||1.27||1.58|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||489.85||395.16||560.53||598.12||513.71|
|Diluted EPS ($)||0.41||0.07||0.53||0.5703||0.37|
Beacon Roofing Supply has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)