BMC Stock Holdings, Inc. Announces 2019 First Quarter Results

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BMC Stock Holdings (BMCH) PT Raised to $25 at Wedbush

May 1, 2019 12:53 PM EDT

Wedbush analyst Jay McCanless raised the price target on BMC Stock Holdings (NASDAQ: BMCH) to $25.00 (from $23.00) while maintaining a Outperform rating.

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BMC Stock Holdings, Inc. (BMCH) Tops Q1 EPS by 11c, Revenues Beat

May 1, 2019 6:10 AM EDT

BMC Stock Holdings, Inc. (NASDAQ: BMCH) reported Q1 EPS of $0.37, $0.11 better than the analyst estimate of $0.26. Revenue for the quarter came in at $825.4 million versus the consensus estimate of $799.66 million.

First Quarter 2019 Highlights (Comparisons are to Prior Year Period)

Net sales of $825.4 million, a decrease of 1.1% primarily driven by commodity price deflation and one less selling day, partially offset by other organic growth of 3.2% and acquisition growth of 3.2%Net income of... More