Continental Building Products (CBPX) Tops Q1 EPS by 8c

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Continental Building Products Reports First Quarter 2019 Results

May 2, 2019 4:05 PM EDT

HERNDON, Va.--(BUSINESS WIRE)-- Continental Building Products, Inc. (NYSE: CBPX) (the "Company"), a leading manufacturer of gypsum wallboard and complementary finishing products, announced today results for the first quarter ended March31, 2019.

Highlights of First Quarter 2019 as Compared to First Quarter 2018

Net sales increased 4.5% to $122.0million Wallboard sales volumes increased 5.5% to 649 million square feet Net income increased 16.7% to $15.9million; adjusted net income1 increased 8.1% to $14.8million from $13.6million Earnings per share increased 25.0% to $0.45; adjusted earnings per share1 increased 16.7% to $0.42... More