Continental Building Products (CBPX) Misses Q3 EPS by 4c
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Continental Building Products Reports Third Quarter 2016 Results
November 7, 2016 4:05 PM ESTHERNDON, Va.--(BUSINESS WIRE)-- Continental Building Products, Inc. (NYSE: CBPX) (the Company), a leading manufacturer of wallboard and gypsum-based products, announced today results for the third quarter ended September 30, 2016.
Highlights of Third Quarter 2016 as Compared to Third Quarter 2015
Net sales of $114.6Â million rose by 5.9% Cash flow from operations increased to $35.6Â million, up 25.3% Net income improved to $6.2Â million compared to $4.2Â million Adjusted EBITDA1 of $30.4Â million down from $33.7Â million Earnings per share increased 50.0% to $0.15; Adjusted earnings per share1 remained constant at $0.25... More