Building Materials (BLG) Reports a Much Wider Than Expected Loss

May 12, 2008 9:03 AM EDT

Building Materials (NYSE: BLG) reports a Q1 loss of $1.17 per share, versus the consensus of a $0.56 loss. Revenues came in at $355 million, versus the consensus of $387.3 million.

BLG to cut existing 13 regions into 7, to shut some units.


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