Recap: Beacon Roofing Supply Q1 Earnings

Beacon Roofing Supply (NASDAQ:BECN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM. Here’s…

Beacon Roofing Supply (NASDAQ:BECN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.

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

Earnings

Beacon Roofing Supply beat estimated earnings by 8.06%, reporting an EPS of $0.67 versus an estimate of $0.62.

Revenue was up $45.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 9.33% increase in the share price the next day.

Here’s a look at Beacon Roofing Supply’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.21 2.07 2.3 0.51
EPS Actual 1.40 2.63 2.8 1.06
Revenue Estimate 2.03B 2.33B 2.28B 1.46B
Revenue Actual 1.97B 2.42B 2.36B 1.69B

To track all earnings releases for Beacon Roofing Supply visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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