Beacon Roofing Supply (BECN) Tops Q1 EPS by 5c
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Beacon Roofing Supply Reports First Quarter 2019 Results
February 7, 2019 4:01 PM ESTRecord first quarter net sales of $1.72 billion (53.4% growth year-over-year) First quarter gross margins increased 130 bps to 25.3% reflecting existing market improvement and benefits from the Allied integration First quarter net income (loss) of $(0.9) million vs. $67.6 million in the prior year; Adjusted Net Income (Loss) of $46.5 million vs. $67.6 million in the prior year First quarter EPS of ($0.10) vs. $0.98 in the prior year; Adjusted EPS of $0.60 vs. $0.68 in the prior year Record first quarter Adjusted EBITDA of $121.7 million vs. $86.0... More
