Foundation Building Materials (FBM) Tops Q3 EPS by 2c, Offers FY18 and FY19 Guidance

Foundation Building Materials (NYSE: FBM) reported Q3 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $542.3 million versus the consensus estimate of $584.98 million.

GUIDANCE:

Foundation Building Materials sees FY2018 revenue of $2-2.06 million, versus the consensus of $2.24 million.

• The Company expects Adjusted EBITDA margin(2) for full year 2018 to be between 7.3% and 7.5%, with expected full year 2018 Adjusted EBITDA(2) of $146.0 million to $150.0 million. These expected results include anticipated contributions from acquisitions and greenfield branches.

Foundation Building Materials sees FY2019 revenue of $2.1-2.25 million, versus the consensus of $2.26 million.

• The Company expects Adjusted EBITDA margin(2) for full year 2019 to be between 7.6% and 8.0%, with expected full year 2019 Adjusted EBITDA(2) of $160.0 million to $180.0 million. These expected results include anticipated contributions from acquisitions and greenfield branches.

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

You May Also Be Interested In

• Grandstand Limited (GRSD) Tops Q2 EPS by 5c; Offers Guidance
• Shotspotter (SSTI) Misses Q2 EPS by 19c; Offers Guidance
• Xos, Inc (XOS) Tops Q2 EPS by 5c