Installed Building Products (IBP) Tops Q1 EPS by 17c

Installed Building Products (NYSE: IBP) reported Q1 EPS of $2.47, $0.17 better than the analyst estimate of $2.30. Revenue for the quarter came in at $692.9 million versus the consensus estimate of $683.65 million.

“I am proud of our team’s ability to continually raise the bar and focus on what they can control within the business. The outlook for 2024 remains promising and we aim to continue to create significant value for our stakeholders over the long term,” concluded Mr. Edwards.

For earnings history and earnings-related data on Installed Building Products (IBP) click here.

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