Builders FirstSource Reports First Quarter 2017 Results
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Builders FirstSource (BLDR) Tops Q1 EPS by 6c
May 8, 2017 4:21 PM EDTBuilders FirstSource (NASDAQ: BLDR) reported Q1 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.49 billion.
Net Sales
Net sales for the quarter ended March 31, 2017 were $1.5 billion, a 9.7 percent increase over net sales for the first quarter of 2016. Sales excluding closed locations grew 10.2 percent in the quarter and were benefited by approximately 4.1 percent as a result of the impact of commodity price inflation on our sales. Sales volume, excluding commodity inflation and closed locations, grew approximately 7.2 percent in the single family... More
