Builders FirstSource (BLDR) Tops Q1 EPS by 11c

Builders FirstSource (NASDAQ: BLDR) reported Q1 EPS of $0.34, $0.11 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.62 billion.

“Our team demonstrated the breadth, diversity and strength of our platform in a challenging first quarter. The fundamentals of demand for housing remain intact as we move into the spring sales season. Although commodity prices will be a headwind compared to last year, our fifteen thousand team members are focused on above market growth and exceptional service to our customers across our national footprint. This includes executing on our strategic initiatives in value-added products and our operational excellence programs. I want to thank our team members who enabled us to deliver value to our customers and excellent financial results to our shareholders,” concluded Mr. Crow.

For earnings history and earnings-related data on Builders FirstSource (BLDR) click here.

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