Earnings Surprise Are On Cards For Cornerstone Building Brands, Inc. ($CNR)?

Cornerstone Building Brands, Inc. (NYSE:CNR) is expected to report second quarter earnings results, after market close, on Tuesday 11th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.08 per share.

Looking ahead, the full year loss are expected at $ 1.15 per share on the revenues of $ 4288.13 million.

Previous Quarter Performance

Cornerstone Building Brands, Inc. unwinded loss for the first quarter of $ 1.20 per share, from the revenue of $ 1,114.00 million. The quarterly revenues swell 9.65 percent compared with the same quarter last year. Street analysts expected Cornerstone Building Brands, Inc. to report loss of $ 0.25 per share on revenue of $ 1101.43 million for the first quarter. The bottom line results missed street analysts by $ 0.95 or 380 percent, at the same time, top line results outshined analysts by $ 12.57 million or 1.14 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Cornerstone Building Brands, Inc.

Stock Performance

According to the previous trading day, closing price of CNR was $ 7.24, representing a 185.04 % increase from the 52 week low of $ 2.54 and a 26.05 % decrease over the 52 week high of $ 9.79.

The company has a market capital of $ 913.33 million and is part of the Industrials sector and Metal Fabrication industry.

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Cornerstone Building Brands, Inc. designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates in four segments: Engineered Building Systems, Metal Components, Insulated Metal Panels, and Metal Coil Coating.

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