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Stock impact report

TopBuild (BLD) Up 1% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

TopBuild Corp. (BLD) 
NASDAQ:AMEX Investor Relations: topbuild.com/investors/overview/default.aspx
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is TopBuild due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. TopBuild Q2 Earnings & Sales Miss Estimates, View Down TopBuild reported lackluster second-quarter 2024 results. Both earnings and sales lagged the Zacks Consensus Estimate. This was mainly due to higher interest rates, project delays and supply constraints that continue to impact results across some residential and commercial end markets. The company has also trimmed its sales and adjusted EBITDA views for 2024. Nonetheless, both earnings and sales increased on a year-over-year basis given pricing, increased volumes and benefited from acquisitions despite the challenges. Inside the Headlines TopBuild reported adjusted earnings per share (EPS) of $5.42 per share, which misse Show less Read more
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