Equities research analysts expect Builders FirstSource, Inc. (NASDAQ:BLDR – Get Rating) to report $5.32 billion in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Builders FirstSource’s earnings. The lowest sales estimate is $4.99 billion and the highest is $5.86 billion. Builders FirstSource posted sales of $5.58 billion during the same quarter last year, which would indicate a negative year over year growth rate of 4.7%. The business is expected to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that Builders FirstSource will report full year sales of $20.31 billion for the current year, with estimates ranging from $18.88 billion to $21.17 billion. For the next fiscal year, analysts expect that the firm will post sales of $19.61 billion, with estimates ranging from $17.35 billion to $22.23 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Builders FirstSource.
Separately, StockNews.com assumed coverage on shares of Builders FirstSource in a report on Thursday, March 31st. They set a “buy” rating for the company.
Builders FirstSource Company Profile (Get Rating)
Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior and exterior trims and custom products under the Synboard brand name.
- Get a free copy of the StockNews.com research report on Builders FirstSource (BLDR)
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