Beacon Roofing Supply Inc expected to post earnings of $2.79 a share - Earnings Preview

Beacon Roofing Supply

30/07/2024 21:19

* Beacon Roofing Supply Inc  BECN.OQ   BECN.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Herndon Virginia-based  company is expected to report
a
7.5% increase in revenue to $2.691 billion from $2.5 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Net
Sales)
    * ​LSEG's mean analyst estimate for Beacon Roofing Supply
Inc is
for earnings of $2.79 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Beacon
Roofing
Supply Inc is $115.06​, above​ its last closing price
of $100.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.30        0.30       0.41      Beat    39
 Jan. 1 2024   1.68        1.66       1.71      Beat    3
 Sep. 30 2023  2.62        2.61       2.84      Beat    8.7​
 Jun. 30 2023  2.32        2.27       2.65      Beat    16.5
 ​​Mar.        0.62        0.62       0.66      Beat    6.2
 31 2023                                                
 Jan. 1 0001   1.22        1.21       1.40      Beat    16​
 Sep. 30 2022  2.07        2.07       2.63      Beat    27.3
 Jun. 30 2022  2.32        2.31       2.46      Beat    6.4
 This summary was machine generated July 30 at 20:19 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)