Installed Building Products Inc expected to post earnings of $3.02 a share - Earnings Preview

Installed Building Products,

06/11/2024 14:35

* Installed Building Products Inc  IBP.N   IBP  is expected
to show a rise in quarterly revenue when it reports  results on
November 7 for the period ending September 30 2024
    * The Columbus Ohio-based  company is expected to report a
7.6% increase in revenue to $760.495 million from $706.47
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Installed Building
Products
Inc is for earnings of $3.02 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"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 $256.00​, above​ its last closing price
of $232.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.93        2.88       3.02      Beat    4.8
 Mar. 31 2024  2.43        2.32       2.47      Beat    6.5
 Dec. 31 2023  2.59        2.45       2.72      Beat    11.1​
 Sep. 30 2023  2.50        2.38       2.79      Beat    17.3
 ​​Jun.        2.35        2.25       2.62      Beat    16.2
 30 2023                                                
 Mar. 31 2023  2.15        2.08       2.15      Beat    3.4​
 Dec. 31 2022  2.23        2.16       2.43      Beat    12.5
 Sep. 30 2022  2.31        2.30       2.51      Beat    9.1
 This summary was machine generated November 6 at 14:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)