Installed Building Prods (NYSE: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.
