Continental Building Products, Inc. (CBPX) Scheduled to Post Earnings on Monday
Continental Building Products, Inc. (NYSE:CBPX) will post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect Continental Building Products to post earnings of $0.30 per share for the quarter.
Continental Building Products (NYSE:CBPX) last posted its quarterly earnings results on Thursday, August 3rd. The construction company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.03). Continental Building Products had a net margin of 9.16% and a return on equity of 15.45%. The company had revenue of $120.60 million during the quarter, compared to analyst estimates of $127.60 million. During the same period in the prior year, the business posted $0.31 EPS. Continental Building Products’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, analysts expect Continental Building Products to post $1.28 EPS for the current fiscal year and $1.55 EPS for the next fiscal year.
Shares of Continental Building Products, Inc. (NYSE CBPX) opened at 26.35 on Monday. Continental Building Products, Inc. has a 12-month low of $18.35 and a 12-month high of $27.10. The firm has a market cap of $1.01 billion, a PE ratio of 24.24 and a beta of 1.28. The company has a 50 day moving average price of $25.87 and a 200 day moving average price of $24.04.
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Several research analysts have weighed in on the company. Zacks Investment Research downgraded Continental Building Products from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub upgraded Continental Building Products from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Finally, SunTrust Banks, Inc. reiterated a “buy” rating and issued a $30.00 price target on shares of Continental Building Products in a report on Monday, October 2nd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Continental Building Products currently has an average rating of “Hold” and an average price target of $27.25.
Continental Building Products Company Profile
Continental Building Products, Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company operates through wallboard segment. Gypsum wallboard is a primary building material used in residential and commercial construction and in repair and remodel (R&R). It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product designed to lift and install; its Mold Defense line of products designed for protection against mold and mildew, and its Weather Defense line of moisture and mold-resistant exterior sheathing.
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