Recap: Installed Building Products Q3 Earnings

Installed Building Prods IBP reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Installed Building Prods beat estimated earnings by 9.13%, reporting an EPS of $2.51 versus an estimate of $2.3.

Revenue was up $209.35 million from the same period last year.

Last quarter the company beat on EPS by $0.54 which was followed by a 5.34% drop in the share price the next day.

Here's a look at Installed Building Prods's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.94	1.12	1.52	1.63
EPS Actual	2.48	1.54	1.42	1.49
Revenue Estimate	611.13M	542.08M	520.69M	513.55M
Revenue Actual	676.75M	587.49M	533.72M	509.76M

To track all earnings releases for Installed Building Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.