TopBuild Corp (BLD) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.43 EPS for the quarter. Analysts had a consensus estimate of $0.43. The company posted revenue of $431.60 million in the period, compared to analysts expectations of $450.53 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.
TopBuild Corp closed down -0.12 points or -0.32% at $37.69 with 4,06,019 shares getting traded on Tusday. Post opening the session at $37.77, the shares hit an intraday low of $37.26 and an intraday high of $37.9 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Nov 18, 2015, Joseph S Cantie (director) purchased 8,750 shares at $28.56 per share price.
TopBuild Corp. formerly Masco SpinCo Corp. is an installer and distributor of insulation products to construction industry. The Company operates through two segments: Installation and Distribution. Its segments serve three lines of business: residential new construction residential repair or remodel and commercial construction. Its Installation segment provides installation services across the United States through its TruTeam Contractor Services business. The Installation segment includes the sale and installation of insulation and other building products through its network of over 190 branches located across 43 states in the United States. The Company’s Distribution segment includes the distribution of insulation and other building products. The Distribution segment’s products include insulation insulation accessories rain gutters and roofing among others. The Company has over 72 distribution centers located in approximately 35 states.