BUILDERS FIRSTSOURCE INC (BLDR) released a profit for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $96.30 million, or $0.84 per share. This compares with $258.78 million, or $2.10 per share, last year.
Excluding items, BUILDERS FIRSTSOURCE INC reported adjusted earnings of $172.9 million or $1.51 per share for the period.
Analysts on average had expected the company to earn $1.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 6.0% to $3.657 billion from $3.891 billion last year.
BUILDERS FIRSTSOURCE INC earnings at a glance (GAAP) :
-Earnings: $96.30 Mln. vs. $258.78 Mln. last year.-EPS: $0.84 vs. $2.10 last year.-Revenue: $3.657 Bln vs. $3.891 Bln last year.
-Guidance:Full year revenue guidance: $16.05 - $17.05 Bln
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.