Equities analysts expect Continental Building Products Inc (NYSE:CBPX) to report $0.36 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Continental Building Products’ earnings, with the lowest EPS estimate coming in at $0.32 and the highest estimate coming in at $0.39. Continental Building Products reported earnings of $0.50 per share during the same quarter last year, which would indicate a negative year over year growth rate of 28%. The business is expected to issue its next earnings report on Thursday, November 14th.
On average, analysts expect that Continental Building Products will report full year earnings of $1.66 per share for the current fiscal year, with EPS estimates ranging from $1.60 to $1.73. For the next year, analysts expect that the firm will post earnings of $1.73 per share, with EPS estimates ranging from $1.55 to $2.01. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow Continental Building Products.
Continental Building Products (NYSE:CBPX) last released its earnings results on Thursday, August 1st. The construction company reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.04). The company had revenue of $124.21 million for the quarter, compared to analyst estimates of $131.04 million. Continental Building Products had a net margin of 13.02% and a return on equity of 20.38%. The firm’s quarterly revenue was down 10.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 EPS.
Several large investors have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in shares of Continental Building Products in the second quarter worth about $49,000. AQR Capital Management LLC boosted its holdings in shares of Continental Building Products by 4.4% in the second quarter. AQR Capital Management LLC now owns 48,689 shares of the construction company’s stock worth $1,294,000 after buying an additional 2,061 shares during the period. Aperio Group LLC acquired a new position in shares of Continental Building Products in the second quarter worth about $76,000. Guyasuta Investment Advisors Inc. boosted its holdings in shares of Continental Building Products by 9.4% in the second quarter. Guyasuta Investment Advisors Inc. now owns 35,000 shares of the construction company’s stock worth $930,000 after buying an additional 3,000 shares during the period. Finally, Systematic Financial Management LP boosted its holdings in shares of Continental Building Products by 0.3% in the second quarter. Systematic Financial Management LP now owns 1,073,386 shares of the construction company’s stock worth $28,520,000 after buying an additional 3,456 shares during the period. Institutional investors own 98.58% of the company’s stock.
Continental Building Products stock traded up $0.64 during trading hours on Friday, hitting $26.65. 260,419 shares of the company traded hands, compared to its average volume of 278,716. The firm has a market cap of $924.44 million, a P/E ratio of 13.19, a P/E/G ratio of 3.18 and a beta of 1.30. The company has a quick ratio of 3.65, a current ratio of 4.43 and a debt-to-equity ratio of 0.78. The firm’s 50-day simple moving average is $25.68 and its two-hundred day simple moving average is $25.11. Continental Building Products has a 1-year low of $21.35 and a 1-year high of $36.47.
Continental Building Products Company Profile
Continental Building Products, Inc manufactures and sells gypsum wallboard and complementary finishing products in the eastern United States and eastern Canada. The company sells its products to gypsum wallboard distributors, buying groups, wholesalers, and mass merchants in the new residential, repair and remodel, and commercial construction markets under the LiftLite, Mold Defense, and Weather Defense brand names.
Featured Article: Why do analysts give a neutral rating?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Continental Building Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Building Products and related companies with MarketBeat.com's FREE daily email newsletter.