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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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.