Beacon Roofing Supply Inc reports results for the quarter ended in December

• Beacon Roofing Supply Inc BECN reported quarterly adjusted earnings of $1.71​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $1.40. The mean expectation of fifteen analysts for the quarter was for earnings of $1.66 per share. Wall Street expected results to range from $1.42 to $1.82 per share.

• Revenue rose 16.8% to $2.30 billion from a year ago; analysts expected $2.26 billion.

• Beacon Roofing Supply Inc’s reported EPS for the quarter was $1.47​.

• The company reported quarterly net income of $95.1 million.

• Beacon Roofing Supply Inc shares had risen by 1.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 8 “strong buy” or “buy,” 6 “hold” and no “sell” or “strong sell.”

• Wall Street’s median 12-month price target for Beacon Roofing Supply Inc is $99.00

This summary was machine generated from LSEG data February 27 at 10:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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