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

Installed Building Products,

03/11/2022 13:31

* Installed Building Products Inc  IBP.N  reported quarterly
adjusted earnings of $2.51​​ per share for the quarter ended in
September. The mean expectation of twelve analysts for the
quarter was for earnings of $2.30 per share.
    * Revenue rose 41.1% to $719.11 million from a year ago;
analysts
expected $671.15 million. 
    * Installed Building Products Inc's reported EPS for the
quarter
was $2.13​.
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Installed Building Products Inc shares had fallen by 2.4%
this
quarter and lost 43.4% so far this year.
    * The company reported quarterly net income of $60.98
million.
    * Wall Street's median 12-month price target for Installed
Building Products Inc is $104.50 
    * 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." 

This summary was machine generated from Refinitiv data November
3 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.30           2.51           Beat
 Jun. 30 2022      1.94           2.48           Beat
 Mar. 31 2022      1.12           1.54           Beat
 Dec. 31 2021      1.52           1.42           Missed