What To Expect From TopBuild Corp. ($BLD) 2Q20 Earnings

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TopBuild Corp. (NYSE:BLD) is reporting second quarter earnings results on Tuesday 4th August 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 1.09 per share.

For the full year, analysts predict revenues of $ 2489.19 million, while looking forward to income of $ 4.87 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 2,765.00 million ~ $ 2,835.00 million

Click Here For More Historical Outlooks Of TopBuild Corp.

Previous Quarter Performance

TopBuild Corp. revealed income for the first quarter of $ 1.37 per share, from the revenue of $ 653.23 million. The quarterly earnings surged 29.25 percent while revenues increased 8.88 percent compared with the same quarter last year.
According to street consensus, BLD was expected to report 1Q20 income of $ 1.24 per share from revenue of $ 652.83 million. The bottom line results beat street analysts by $ 0.13 or 10.48 percent, at the same time, top line results outshined analysts by $ 0.40 million or 0.06 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of TopBuild Corp.

Stock Performance

According to the previous trading day, closing price of BLD was $ 136.00, representing a 148.04 % increase from the 52 week low of $ 54.83 and a 1.53 % decrease over the 52 week high of $ 138.12.

The company has a market capital of $ 4.53 billion and is part of the Basic Materials sector and Building Materials industry.

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Recent Analyst recommendations

  • On 18th June 2020, maintained by Benchmark at Buy rating, with $ 139.00 target price.
Conference Call

TopBuild Corp. will be hosting a conference call at 9:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.topbuild.com

TopBuild Corp. engages in the installation and distribution of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution.