Earnings Scheduled For August 4, 2022
Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.
Installed Building Prods’s Earnings: A Preview
Installed Building Prods (NYSE:IBP) is set to give its latest quarterly earnings report on Thursday, 2022-08-04. Here's what investors need to know before the announcement.
Analysts estimate that Installed Building Prods will report an earnings per share (EPS) of $1.94.
RBC Capital Updates Ratings On Homebuilders & Building Products Sector As Housing Demand Declines
RBC Capital analyst Mike Dahl further reduces estimates and price targets for Homebuilders & Building Products companies as housing demand declines.
The analyst expects further deterioration after the most recent jump in rates (+50 bps past 2 weeks and +270 bps YTD).
Where Installed Building Prods Stands With Analysts
Installed Building Prods (NYSE:IBP) has observed the following analyst ratings within the last quarter:
RBC Capital Downgrades Installed Building Prods to Underperform, Lowers Price Target to $71
RBC Capital analyst Mike Dahl downgrades Installed Building Prods (NYSE:IBP) from Sector Perform to Underperform and lowers the price target from $91 to $71.
Installed Building Prods Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q1, Installed Building Prods (NYSE:IBP) earned $33.82 million, a 15.17% increase from the preceding quarter. Installed Building Prods also posted a total of $587.49 million in sales, a 10.07% increase since Q4.
Installed Building Products Reports Purchase Of Tri-County Insulation, Acoustical Contractors, No Terms Disclosed
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE:IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition of Statewide
Credit Suisse Maintains Neutral on Installed Building Prods, Raises Price Target to $100
Credit Suisse analyst Dan Oppenheim maintains Installed Building Prods (NYSE:IBP) with a Neutral and raises the price target from $95 to $100.