Foundation Building Materials (FBM) Reports Q4 EPS of $0.19, Beats on Revenues

Foundation Building Materials (NYSE: FBM) reported Q4 EPS of $0.19, versus $0.00 reported last year. Revenue for the quarter came in at $516.8 million versus the consensus estimate of $512.75 million.

2017 Fourth Quarter Highlights

• Net sales of $516.8 million, an increase of 11.8% compared to the prior year period
• Earnings per share of $1.77 and Adjusted earnings per share(1) of $0.19
• Net income of $75.9 million, compared to a net loss of $8.8 million in the prior year period
• Adjusted EBITDA(1) of $36.9 million and Adjusted EBITDA margin(1) of 7.1%
• Completed two acquisitions in the quarter

For earnings history and earnings-related data on Foundation Building Materials (FBM) click here.

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