TopBuild's Q3 Adjusted Earnings, Net Sales Increase; Trims Top End of 2024 Sales Guidance

MT Newswires Live
2024-11-05

TopBuild (BLD) reported Q3 adjusted earnings Tuesday of $5.68 per share, up from $5.43 a year earlier.

Analysts polled by Capital IQ expected $5.58.

Net sales for the quarter ended Sept. 30 were $1.37 billion, up from $1.33 billion a year earlier.

Analysts polled by Capital IQ expected $1.39 billion.

The company said it now expect its 2024 sales to be between $5.30 billion and $5.35 billion. That compares with its previous range of $5.30 billion to $5.50 billion. Analysts polled by Capital IQ expect $5.39 billion.

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