Cornerstone Building Brands (CNR) Tops Q2 EPS by 42c, Offers Guidance

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Cornerstone Building Brands Announces Second-Quarter 2020 Results

August 11, 2020 4:45 PM EDT

Delivered earnings of 21 cents per diluted share, a 50 percent improvement over prior year Achieved fifth consecutive quarter of Adjusted EBITDA1 margin enhancement in all segments Backlog for residential exterior building products are at record levels from positive market momentum Reduced net debt by $44 million and increased liquidity with $483 million of cash and cash equivalents

CARY, N.C.--(BUSINESS WIRE)-- Cornerstone Building Brands, Inc. (NYSE: CNR) (the Company), a leading provider of exterior building products, today reported second-quarter 2020... More