TopBuild Reports Fourth Quarter and Full Year 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- SpaceX shares fall as second lockup period ends
- Supermicro probe finds no senior management link to export violations
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
TopBuild (BLD) Tops Q4 EPS by 18c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Above Consensus
February 23, 2021 6:48 AM ESTTopBuild (NYSE: BLD) reported Q4 EPS of $2.15, $0.18 better than the analyst estimate of $1.97. Revenue for the quarter came in at $721.5 million versus the consensus estimate of $712.27 million.
Fourth Quarter Financial Highlights
(unless otherwise indicated, comparisons are to the quarter ended December 31, 2019)
Net sales increased 8.9% to $721.5 million, driven by increased volume and sales from acquisitions.Gross margin expanded 150 basis points to 27.4%. On an adjusted basis, gross margin was 27.5%, a 160-basis point increase.Operating profit was $103.1 million, compared to $76.4 million. On an adjusted basis, operating profit was $104.0 million, compared to $76.6 million, a 35.7%... More