NCI Building Systems (NYSE: NCS) reported Q1 EPS of $0.14, $0.04 better than the analyst estimate of $0.10. Revenue for the quarter came in at $421.3 million versus the consensus estimate of $402.79 million.

First Quarter 2018 Financial and Operational Highlights:

• Sales rose 7.6% to $421.3 million for the quarter, compared to $391.7 million in the prior year\'s first quarter
• Gross profit for the quarter was $91.9 million or 21.8% of revenues, compared to $84.0 million or 21.4% of revenues in the prior year\'s first quarter
• Net income was $5.2 million for the quarter, compared to $2.0 million in the prior year\'s first quarter. Adjusted Net Income was $9.5 million this quarter, compared to $3.6 million in the prior year\'s first quarter
• Net income per diluted common share for the quarter was $0.08, compared to $0.03 in the prior year\'s first quarter. Adjusted Net Income was $0.14 per diluted common share, compared to $0.05 in the prior year\'s first quarter
• Adjusted EBITDA was $32.9 million, or 7.8% of revenues, for the quarter, compared to Adjusted EBITDA of $26.2 million, or 6.7% of revenues, in the prior year\'s first quarter
• Total consolidated backlog increased to $569.9 million, up 8.1% year-over-year

Guidance

Looking ahead, NCI's internal economic indicators are tracking to expectation and year-over-year growth in both bookings and backlog support the Company's favorable outlook for fiscal 2018. For the second quarter of fiscal 2018, NCI expects revenues to be in the range of $430 to $450 million and Adjusted EBITDA to be in the range of $29 to $39 million.

GUIDANCE:

NCI Building Systems sees Q2 2018 revenue of $430-450 million, versus the consensus of $436.76 million.

For earnings history and earnings-related data on NCI Building Systems (NCS) click here.