Installed Building Products Inc expected to post earnings of $2.08 a share - Earnings Preview

Installed Building Products,

01/05/2023 19:32

* Installed Building Products Inc  IBP.N   IBP  is expected
to show a rise in quarterly revenue when it reports  results on
May 3 (estimated). 
    * The Columbus Ohio-based  company is expected to report  a
14.4% increase in revenue to $672.362 million from $587.49
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 $2.08 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 1 "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 $113​, below​ its last closing price
of $124.27. ​​​

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 2022  2.23        2.16       2.43      Beat    12.5
 Sep. 30 2022  2.31        2.30       2.51      Beat    9.1
 Jun. 30 2022  1.93        1.94       2.48      Beat    28​
 Mar. 31 2022  1.12        1.12       1.54      Beat    37.4
 ​​Dec.        1.52        1.52       1.42      Missed  -6.5
 31 2021                                                
 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
 This summary was machine generated May 1 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated