TopBuild Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

TopBuild (NYSE:BLD) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.37b (up 3.6% from 3Q 2023).
• Net income: US$169.0m (flat on 3Q 2023).
• Profit margin: 12% (in line with 3Q 2023).
• EPS: US$5.68 (up from US$5.30 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

TopBuild EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with TopBuild.

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