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Barchart
Barchart
Sohini Mondal

What You Need to Know Ahead of Builders FirstSource’s Earnings Release

Builders FirstSource, Inc. (BLDR), a leading player in the building materials and construction services sector, boasts a market cap of $19.4 billion. The Irving, Texas-based company delivers a wide array of products and solutions for professional homebuilders and remodelers throughout the U.S. The company is slated to announce its fiscal Q2 earnings results before the market opens on Tuesday, Aug. 6.

Ahead of this event, analysts expect BLDR to report a profit of $3.16 per share, an 18.8% decline from $3.89 per share in the year-ago quarter. The company has consistently exceeded Wall Street's earnings expectations in the past four quarters. The company reported an EPS of $2.65 in the most recent quarter, exceeding the consensus EPS estimate by a 9.5% margin.

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