TopBuild: Q4 Earnings Snapshot
By AP News
Published - Feb 23, 2023, 07:06 AM ET
Last Updated - Jun 22, 2023, 08:03 PM EDT
DAYTONA BEACH, Fla. (AP) — DAYTONA BEACH, Fla. (AP) — TopBuild Corp. (BLD) on Thursday reported fourth-quarter earnings of $143.8 million.
The Daytona Beach, Florida-based company said it had net income of $4.52 per share. Earnings, adjusted for non-recurring gains, were $4.40 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.02 per share.
The insulation products company posted revenue of $1.26 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $1.24 billion.
