Bluelinx Holdings (BXC) Tops Q4 EPS by 89c; offers Q1 update

Bluelinx Holdings (NYSE: BXC) reported Q4 EPS of $2.56, $0.89 better than the analyst estimate of $1.67. Revenue for the quarter came in at $713 million versus the consensus estimate of $764.51 million.

OUTLOOK

Through the first seven weeks of the first quarter of 2024, specialty product gross margin was in the range of 18% to 19%, and structural product gross margin was in the range of 10% to 11%. Daily sales volumes for specialty and structural were down approximately 10% versus the prior year partially reflecting severe weather conditions in January.

For earnings history and earnings-related data on Bluelinx Holdings (BXC) click here.

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