Cornerstone Building Brands (CNR) Tops Q3 EPS by 1c, Offers Q4 Guidance

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Go back to Cornerstone Building Brands (CNR) Tops Q3 EPS by 1c, Offers Q4 Guidance

Cornerstone Building Brands Announces Strong Third-Quarter 2020 Results

November 10, 2020 4:57 PM EST

Delivered earnings of 24 cents per diluted share, a 20% improvement over prior year Generated net income of $30.5 million, an improvement of 21.3% year-over-year Generated all-time high Adjusted EBITDA1 of $193.3 million and margin of 15.8% Achieved sixth consecutive quarter of year-over-year Adjusted EBITDA1 margin expansion in all segments Increased operating cash flow 173.9% over prior year to approximately $170 million Improved liquidity and financial flexibility with $500 million issuance of senior unsecured notes

CARY, N.C.--(BUSINESS WIRE)-- Cornerstone Building Brands, Inc. (NYSE: CNR) (the... More