Installed Building Products Inc expected to post earnings of $1.52 a share - Earnings Preview

Installed Building Products,

22/02/2022 19:34

* Installed Building Products Inc  IBP.N   IBP  is expected
to show a rise in quarterly revenue when it reports  results on
February 24. 
    * The Columbus Ohio-based  company is expected to report  a
17.9% increase in revenue to $520.693 million from $441.47
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 $1.52 per share. For the same
quarter last year, the company reported earnings of $1.23 per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"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 $150​, about 28.9% above​ its last
closing price of $106.58. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  1.23        1.23       1.23      Met     0
 ​​Sep.        1.21        1.18       1.21      Beat    2.5
 30 2020                                                
 Jun. 30 2020  0.82        0.75       1.12      Beat    49.8​
 Mar. 31 2020  0.63        0.62       0.78      Beat    25.5
 Dec. 31 2019  0.88        0.87       0.92      Beat    5.2
 This summary was machine generated February 22 at 19:34 GMT. 
All figures in US dollars  unless otherwise stated