Installed Building Products (IBP) Misses Q3 EPS by 14c
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Installed Building Products Reports Record Third Quarter Results and Declares Regular Quarterly Cash Dividend
November 4, 2021 7:00 AM EDTCOLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the third quarter ended September 30, 2021, and also announced that its Board of Directors has approved the Companys fourth quarter cash dividend.
Third Quarter 2021 Highlights (Comparisons are to Prior Year Period)
Net revenue increased 21.2% to a record $509.8 million Net income increased 24.3% to $34.9 million Adjusted EBITDA* increased 18.0% to a record $78.1 million Net income per diluted share increased 24.2% to... More