Beacon Roofing Supply (NASDAQ:BECN) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.21 by 15.7 percent. This is a 4.76 percent decrease over earnings of $1.47 per share from the same period last year. The company reported quarterly sales of $1.97 billion which missed the analyst consensus estimate of $2.03 billion by 3.00 percent. This is a 12.19 percent increase over sales of $1.75 billion the same period last year.
Intel Eyes Massive Job Cuts As Early As This Month To Sail Through PC Market Slump: Report
The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise.</
