Builders FirstSource Reports Second Quarter 2019 Results
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Builders FirstSource (BLDR) Tops Q2 EPS by 15c
August 1, 2019 4:32 PM EDTBuilders FirstSource (NASDAQ: BLDR) reported Q2 EPS of $0.63, $0.15 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.91 billion.
Outlook:
Housing market fundamentals and demand for housing remain supportive as we enter the prime selling season. As homebuilders have continued their pivot toward home formats and price points that are increasingly in demand by homebuyers, we have seen stabilizing sentiment and activity. In this... More
