Builders FirstSource (BLDR) Tops Q2 EPS by 35c

Builders FirstSource (NASDAQ: BLDR) reported Q2 EPS of $0.67, $0.35 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.79 billion.

Outlook:

Mr. Crow concluded, “Our first half results demonstrate a positive overall homebuilding environment, supported by tailwinds and rising demand across our diverse, national footprint. We are focusing our efforts on disciplined cost management while we work to efficiently meet customer demand, manage the impact of accelerating commodity inflation and generate additional cash flow in the third quarter. We are exceptionally well-positioned to execute on organic and inorganic value-enhancing growth opportunities that advance our long-range plan, and help us win in our markets. I especially thank our fifteen thousand team members for the milestones achieved and the ongoing safety-first emphasis in an unprecedented environment.”

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

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