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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Beacon Roofing Supply has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)