BLDR Earnings Prediction
The chart below shows how BLDR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BLDR sees a +0.44% change in stock price 10 days leading up to the earnings, and a +2.49% change 10 days following the report. On the earnings day itself, the stock moves by +2.39%. This data can give you a slight idea of what to expect for the next quarter's release.
BLDR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.23B
-6.66%
-5.02%
Gross Margin
32.75%
-6.08%
-0.21%
Operating Margin
10.11%
-28.55%
-7.92%
Net Margin
6.73%
-32.43%
-12.82%
EPS
2.44
-32.03%
-14.98%
No Data Available
BLDR Earnings Analysis
Builders FirstSource, Inc. Corporation (BLDR.N) Earnings Conference Call
Positive
Net Sales Decline: Net sales were $4.2 billion, a decrease of 6.7%, driven by a 7.2% decline in core organic sales as multifamily continues to trend downward, and 2.9% of commodity deflation.
Consistent EBITDA Margin Performance: The adjusted EBITDA margin has remained in the mid-teens or better for 14 consecutive quarters, which highlights our transformed business model and our differentiated product portfolio and scale.
Productivity Savings Achieved: We delivered $27 million in productivity savings in Q3 and have driven $104 million year-to-date, primarily through more efficient manufacturing and procurement initiatives.
Installed Sales Growth: Installed sales increased by 11% year-over-year, as we focus on helping customers address labor challenges.
Value-Added Products Sales: Value-added products represented 49% of our net sales during the third quarter.
Negative
Net Sales Decline: Net sales decreased by 6.7% to $4.2 billion, driven by a 7.2% decline in core organic sales as multifamily continues to trend downward, and 2.9% of commodity deflation.
Sales Decrease Offset by Growth: The decrease in net sales was partially offset by growth from acquisitions of 2% and one additional selling day that contributed 1.4%.
Sales Decline Analysis: The organic sales decrease was driven by a 31% decline in multifamily as we lapped the prior year's strong comps and a 4.6% decline in single-family amid lower value per starts.
Adjusted EBITDA Decline: Adjusted EBITDA was approximately $627 million, down 23%, primarily driven by lower gross profit, partially offset by lower operating expenses after adjustments.
Earnings Per Share Decline: Adjusted earnings per diluted share was $3.07, a decrease of 28% compared to the prior year.
BLDR FAQs
How does BLDR typically perform around its earnings report dates?
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BLDR Earning Call Sentiment
Builders FirstSource, Inc. (BLDR) Q3 2024 Earnings Call Transcript
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BLDR.N
-5.14%Positive
The earnings call revealed several negative trends: a decrease in net sales, gross profit, and adjusted EBITDA, alongside a lowered guidance for 2024. Despite a strong share repurchase program and some positive cash flow metrics, the market headwinds, reduced digital sales expectations, and unclear management responses in the Q&A contribute to an overall negative sentiment. The lowered guidance and financial declines outweigh the positive impacts of share repurchases and operational efficiencies, suggesting a likely negative stock price movement in the short term.
