Installed Building Products Inc expected to post earnings of $2.30 a share - Earnings Preview

Installed Building Products,

01/11/2022 18:36

* Installed Building Products Inc  IBP.N   IBP  is expected
to show a rise in quarterly revenue when it reports  results on
November 3. 
    * The Columbus Ohio-based  company is expected to report  a
31.7% increase in revenue to $671.154 million from $509.76
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Installed Building
Products Inc is for earnings of $2.30 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 10
"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 $104.5​, above​ its last closing price
of $86.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.93        1.94       2.48      Beat    28
 Mar. 31 2022  1.12        1.12       1.54      Beat    37.4
 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.        1.47        1.47       1.59      Beat    8.4
 30 2021                                                
 Mar. 31 2021  1.03        1.04       0.90      Missed  -13.6​
 Dec. 31 2020  1.23        1.23       1.23      Met     0
 Sep. 30 2020  1.21        1.18       1.21      Beat    2.5
 This summary was machine generated November 1 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated