Installed Building Products Inc expected to post earnings of $1.12 a share - Earnings Preview

Installed Building Products,

03/05/2022 17:35

* Installed Building Products Inc  IBP.N   IBP  is expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The Columbus Ohio-based  company is expected to report  a
24.0% increase in revenue to $542.083 million from $437.07
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Installed Building
Products Inc is for earnings of $1.12 per share. For the same
quarter last year, the company reported earnings of 90 cents per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"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 Installed
Building Products Inc is $116​, above​ its last closing price
of $82.19. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.52        1.52       1.42      Missed  -6.5
 Sep. 30 2021  1.62        1.63       1.49      Missed  -8.8
 Jun. 30 2021  1.47        1.47       1.59      Beat    8.4​
 Mar. 31 2021  1.03        1.04       0.90      Missed  -13.6
 ​​Dec.        1.23        1.23       1.23      Met     0
 31 2020                                                
 Sep. 30 2020  1.21        1.18       1.21      Beat    2.5​
 Jun. 30 2020  0.82        0.75       1.12      Beat    49.8
 Mar. 31 2020  0.63        0.62       0.78      Beat    25.5
 This summary was machine generated May 3 at 16:35 GMT.  All
figures in US dollars  unless otherwise stated