Builders FirstSource Q1 revenue falls 10% but beats estimates

Builders Firstsource

30/04/2026 12:21

Overview

U.S. building materials supplier's Q1 revenue fell 10% yr/yr but beat analyst expectations

Adjusted EPS for Q1 dropped sharply and missed analyst expectations

Company repurchased $303 mln in shares and authorized up to $500 mln more in buybacks

Outlook

Builders FirstSource sees 2026 net sales between $14.6 bln and $15.6 bln

Company expects 2026 adjusted EBITDA of $1.1 bln to $1.5 bln

Builders FirstSource projects 2026 free cash flow of $0.4 bln to $0.5 bln

Result Drivers

LOWER STARTS ENVIRONMENT - Co said Q1 sales decline was primarily due to a weaker housing starts environment

COMMODITY DEFLATION - Co said commodity deflation contributed to lower net sales

HIGHER INTEREST EXPENSE - Co said higher net interest expense contributed to lower net income

Company press release: ID:nBwYMkyca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$3.30 bln
$3.18 bln (22 Analysts)
Q1 Adjusted EPS
Miss
$0.27
$0.37 (20 Analysts)
Q1 EPS
-$0.43
Q1 Adjusted Net Income
$30 mln
Q1 Net Income
-$47.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Builders FirstSource Inc is $120.73, about 44.8% above its April 29 closing price of $83.38

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)