Beacon Roofing Supply (NASDAQ:BECN) Releases Earnings Results, Beats Expectations By $0.06 EPS

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What’s going on at Beacon Roofing Supply (NASDAQ:BECN)? View breaking news headlines for BECN stock from trusted media outlets at MarketBeat.. Beacon Roofing Supply (NASDAQ:BECN) Issues Earnings Results www.americanbankingnews.com – August 6 at 9:59 PM. Beacon Roofing Supply beats by $0.06.

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Equities research analysts expect that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will report $1.26 earnings per share for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Beacon Roofing Supply’s earnings, with the highest eps estimate coming in at $1.36 and the lowest estimate coming in at $1.20.

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Exponent (NASDAQ:EXPO) posted its quarterly earnings data on Thursday. The business services provider reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.06, Briefing.com reports. The business had revenue of $106.50 million during the quarter, compared to the consensus estimate of $95.77 million.

Beacon Roofing Supply (NASDAQ: BECN) gave results recently and served notice that its near term upside drivers from a housing market recovery are in place for 2013. Meanwhile, its long term objective of consolidating the roofing supply industry in the US continues apace. In summary, I like the company and the stock, but it doesn’t look cheap.

Beacon Roofing Supply, Inc., (NASDAQ:BECN) is the largest publicly traded company of residential and commercial roofing materials. Founded in 1928, they have 500 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon Roofing Supply, Inc. (NASDAQ:BECN) will release its fourth quarter 2018 earnings results after market.

Equities research analysts predict that Beacon Roofing Supply, Inc. (NASDAQ:BECN) will announce earnings per share (EPS) of $1.24 for the current fiscal quarter, Zacks Investment Research reports.

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Beacon Roofing Supply (BECN) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.18 per share a year ago.