Foundation Building Materials (FBM) Tops Q2 EPS by 12c

Foundation Building Materials (NYSE: FBM) reported Q2 EPS of $0.27, $0.12 better than the analyst estimate of $0.15. Revenue for the quarter came in at $486.1 million versus the consensus estimate of $485.46 million.

“Despite the decline in net sales due to the COVID-19 Pandemic, our stable profitability highlighted our second quarter results,” said Ruben Mendoza, President and CEO. “Our long-term strategic focus is unwavering. As we navigate through these challenging market conditions, we remain committed to our strategic priorities that will lead to long-term value creation for our company.”

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

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