Brief: Installed Building Products Reports Record Second Quarter 2022 Results And Declares Regular Quarterly Cash Dividend

Installed Building Products,

04/08/2022 13:55

Aug 4 (Reuters) - Installed Building Products Inc  IBP.N :
    * INSTALLED BUILDING PRODUCTS REPORTS RECORD SECOND QUARTER
2022
RESULTS AND DECLARES REGULAR QUARTERLY CASH DIVIDEND
    * Q1 ADJUSTED EARNINGS PER SHARE $2.48
    * Q1 EARNINGS PER SHARE $2.07
    * EXPECTS TO ACQUIRE FY REVENUE AT LEAST $100 MILLION 
    * QTRLY NET REVENUE INCREASED 38.7% TO $676.7 MILLION
    * INSTALLED BUILDING PRODUCTS - BOARD AUTHORIZED NEW STOCK
REPURCHASE PROGRAM ALLOWING CO TO REPURCHASE UP TO $200 MILLION
OF STOCK THROUGH AUG 10, 2023
    * Q3 EARNINGS PER SHARE VIEW $1.97, REVENUE VIEW $621.2
MILLION --
REFINITIV IBES DATA

Further company coverage:  IBP.N 

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