Stock Analysis
- United States
- /
- Trade Distributors
- /
- NasdaqGS:BECN
Beacon Roofing Supply Full Year 2023 Earnings: EPS Misses Expectations
Beacon Roofing Supply (NASDAQ:BECN) Full Year 2023 Results
Key Financial Results
- Revenue: US$9.12b (up 8.2% from FY 2022).
- Net loss: US$27.6m (down by 107% from US$379.6m profit in FY 2022).
- US$0.43 loss per share (down from US$5.66 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beacon Roofing Supply EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Trade Distributors industry in the US.
Performance of the American Trade Distributors industry.
The company's shares are down 1.2% from a week ago.
Valuation
Our analysis of these results suggests Beacon Roofing Supply may be undervalued based on 6 important criteria we look at. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
Valuation is complex, but we're helping make it simple.
Find out whether Beacon Roofing Supply is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NasdaqGS:BECN
Beacon Roofing Supply
Beacon Roofing Supply, Inc., together with its subsidiaries, engages in the distribution of residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers in the United States and Canada.
Very undervalued with adequate balance sheet.