Foundation Building Materials, Inc. (NYSE:FBM) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, FBM to report 3Q20 income of $ 0.27 per share.
For the full year, analysts anticipate top line of $ 2047.62 million, while looking forward to income of $ 0.94 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,200.00 million ~ $ 2,300.00 million, where as bottomline are predicted in a range of $ 1.15 ~ $ 1.45 per share
Click Here For More Historical Outlooks Of Foundation Building Materials, Inc.
Previous Quarter Performance
Foundation Building Materials, Inc. announced income for the second quarter of $ 0.27 per share, from the revenue of $ 486.09 million. The quarterly earnings 27.03 percent while revenues down 15.42 percent compared with the same quarter last year.
According to street consensus, FBM was expected to report 2Q20 income of $ 0.15 per share from revenue of $ 485.46 million. The bottom line results beat street analysts by $ 0.12 or 80.00 percent, at the same time, top line results outshined analysts by $ 0.63 million or 0.13 percent.
Stock Performance
On Friday, shares of Foundation Building Materials, Inc. has traded high as $ 14.66 and has cracked $ 14.36 on the downward trend, reaching $ 14.56 with volume of 184.70 thousand shares.
According to the previous trading day, closing price of $ 14.56, representing a 81.73 % increase from the 52 week low of $ 7.99 and a 34.42 % decrease over the 52 week high of $ 22.14.
The company has a market capital of $ 629.08 million and is part of the Industrials sector and Industrial Distribution industry.
Foundation Building Materials, Inc. distributes building products in the United States and Canada. It offers wallboard, suspended ceiling system, and metal framing products.
