Builders Firstsource is a leading supplier of building materials and manufactured components for residential and commercial construction projects in the United States
The company offers a wide range of products, including lumber, windows, doors, roofing, and other essential materials that cater to contractors, builders, and construction firms. By providing a comprehensive suite of building solutions, Builders Firstsource facilitates the construction process and helps meet the growing demand for housing and infrastructure development. Their focus on innovation, customer service, and operational efficiency positions them as a key player in the construction supply industry.
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Builders FirstSource, Inc. (NYSEBLDR) (“Builders FirstSource” or the "Company") will host a conference call and webcast on Thursday, February 20, 2025, to discuss the Company’s financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Peter Jackson, President and Chief Executive Officer, and Pete Beckmann, Chief Financial Officer.
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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Builders FirstSource (NYSEBLDR) and the rest of the home construction materials stocks fared in Q3.
Builders FirstSource has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 9% to $148.82 per share while the index has gained 10.4%.
Builders FirstSource, Inc. (NYSEBLDR) (“Builders FirstSource” or the “Company”) announced that it has entered into a definitive agreement to acquire Alpine Lumber Company (“Alpine”).
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Building materials company Builders FirstSource (NYSEBLDR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 6.7% year on year to $4.23 billion. The company’s full-year revenue guidance of $16.4 billion at the midpoint came in 2.7% below analysts’ estimates. Its non-GAAP profit of $3.07 per share was 1.7% above analysts’ consensus estimates.
