TopBuild Corp. (BLD) revealed a profit for third quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $142.226 million, or $5.04 per share. This compares with $168.960 million, or $5.65 per share, last year.
Excluding items, TopBuild Corp. reported adjusted earnings of $151.293 million or $5.36 per share for the period.
Analysts on average had expected the company to earn $5.29 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.5% to $1.393 billion from $1.373 billion last year.
TopBuild Corp. earnings at a glance (GAAP) :
-Earnings: $142.226 Mln. vs. $168.960 Mln. last year.-EPS: $5.04 vs. $5.65 last year.-Revenue: $1.393 Bln vs. $1.373 Bln last year.
-Guidance:Full year revenue guidance: $5.35 - $5.40Bln
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