TopBuild (BLD) Tops Q4 EPS by 1c, Approves $200M Buyback

TopBuild (NYSE: BLD) reported Q4 EPS of $0.59, $0.01 better than the analyst estimate of $0.58. Revenue for the quarter came in at $444.1 million versus the consensus estimate of $446.67 million.

The Company also announced that its Board of Directors has authorized a new share repurchase program whereby the Company may purchase up to $200 million of its common stock over the next 24 months. This program replaces the previous one which expires on February 28, 2017. Repurchases will be made from cash on hand as well as from a portion of the free cash flow expected to be generated from the business during that timeframe.

For earnings history and earnings-related data on TopBuild (BLD) click here.

You May Also Be Interested In

• United Natural Foods (UNFI) Tops Q4 EPS by 8c ; Offers Guidance
• AEVEX acquires BlackSea Technologies, expanding into maritime drones
• HSBC explains why risk assets continue to ignore every negative catalyst