Beacon Roofing Supply Earnings Preview

Beacon Roofing Supply BECN announces its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for this Thursday's Q3 earnings announcement.

Earnings and Revenue

Analysts expect Beacon Roofing Supply earnings of $0.59 per share. Revenue will likely be around $1.73 billion, according to the consensus estimate. Beacon Roofing Supply reported a profit of $1.120 per share when it published results during the same quarter last year. Sales in that period totaled $1.93 billion. The Wall Street consensus estimate for earnings would represent a 47.32% decrease for the company. Here's how the Beacon Roofing Supply's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 12.17%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Beacon Roofing Supply is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.beaconroofingsupply.com%2Ffinancials-and-presentations%2Fevents-and-presentations%2Fdefault.aspx&eventid=2403358&sessionid=1&key=2384765A78ED68F49E6514A81BE2B8C4&regTag=&sourcepage=register