Installed Building Prods: Q1 Earnings Insights

Installed Building Prods IBP reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.

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

Earnings

Installed Building Prods beat estimated earnings by 3.37%, reporting an EPS of $2.15 versus an estimate of $2.08.

Revenue was up $71.82 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.27 which was followed by a 3.11% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.16 2.30 1.94 1.12
EPS Actual 2.43 2.51 2.48 1.54
Revenue Estimate 676.69M 671.15M 611.13M 542.08M
Revenue Actual 686.49M 719.11M 676.75M 587.49M

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.

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