Installed Building Products Inc reports results for the quarter ended in December - Earnings Summary

Installed Building Products,

24/02/2022 16:45

* Installed Building Products Inc  IBP.N  reported quarterly
adjusted earnings of $1.42​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of $1.52 per share.
    * Revenue rose 20.9% to $533.72 million from a year ago; 
analysts
expected $520.69 million. 
    * Installed Building Products Inc's reported EPS for the
quarter
was 99 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Installed Building Products Inc shares had fallen by 31.4%
this
quarter.
    * The company reported quarterly net income of $29.37
million.
    * Wall Street's median 12-month price target for Installed
Building Products Inc is $150.00 
    * 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." 

This summary was machine generated February 24 at 04:45 p.m.
 ​All figures in US dollars unless otherwise stated