Beacon Roofing Supply (BECN) Misses Q3 EPS by 13c

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Go back to Beacon Roofing Supply (BECN) Misses Q3 EPS by 13c

Beacon Roofing Supply Reports Third Quarter 2018 Results

August 7, 2018 4:09 PM EDT

Record third quarter net sales of $1.93 billion (59.4% growth year-over-year) Gross margins expanded by 100 bps to 25.5%, as margins were favorably impacted by positive price-cost realization Third quarter EPS of $0.55 vs. $0.73 in the prior year, and Adjusted EPS of $1.18 vs. $0.97 Record Adjusted EBITDA of $187.7 million Allied integration progressing ahead of schedule; realized synergies of $25 million year-to-date

HERNDON, Va.--(BUSINESS WIRE)-- Beacon Roofing Supply, Inc. (Nasdaq: BECN) (Beacon or the Company) announced results today for its... More