Foundation Building Materials (FBM) Tops Q4 EPS by 8c, Offers Guidance

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Foundation Building Materials, Inc. Announces Fourth Quarter and Full Year 2019 Results

February 24, 2020 4:50 PM EST

2019 Fourth Quarter Highlights

Earnings per share ("EPS") from continuing operations of $0.22 compared to $0.04 in the prior year period; adjusted EPS(1) of $0.26 compared to $0.16 in the prior year period Net income from continuing operations of $9.6 million, an increase of $7.6 million, compared to the prior year period Adjusted net income(1) of $11.3 million, an increase of $4.3 million, compared to the prior year period Completed three acquisitions and opened San Antonio greenfield branch

2019 Full Year Highlights

EPS from continuing operations of $0.97 compared to a loss... More