TSX:DBMTrade Distributors
Doman Building Materials Group (TSX:DBM) Stock Can Record Revenue Ease Cyclical Doubts
Doman Building Materials Group stock went into this earnings print with a modest 7 day gain and a flat month, which suggests investors were undecided rather than euphoric. The numbers just released may influence that view. Q2 revenue reached a record CA$904.5m and basic earnings per share came in at CA$0.36, with trailing 12 month net profit margin sitting near 2.7%. The key question for the market now is whether a low double digit P/E and this steady profitability justify more confidence...