TopBuild: Q2 Earnings Insights

Shares of TopBuild BLD remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share increased 17.48% year over year to $1.68, which beat the estimate of $1.09.

Revenue of $646,099,000 decreased by 2.12% year over year, which beat the estimate of $603,110,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

TopBuild hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 04, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.topbuild.com%2Fnews-events%2Fir-calendar&eventid=2402233&sessionid=1&key=0FBE03C834A301EE8CF806B44B2AF792&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $138.12

Company's 52-week low was at $54.83

Price action over last quarter: Up 40.64%

Company Overview

TopBuild Corp is an installer and distributor of insulation products. The company operates two businesses: Truteam and Service Partners. Trueteam installs insulation products in residential and commercial building projects, primarily as a contractor to custom builders and big builders. Service Partners is a distributor of insulation and selected building products. Its main customers are contractors. Other products include gutters, afterpaint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.