jaxdog

$BLDR Looking for New Highs After Earnings?

Long
NASDAQ:BLDR   None
Here's a great Fundamental and Technical trade set-up. We had an earnings beat and better guidance going forward. I'll look for this to follow thru in the next day or so to confirm a break-out on better than expected earnings. Ideas, not investing / trading advice.

Here are the earnings numbers:

Builders Firstsource (BLDR) reported 4th Quarter December 2020 earnings of $1.26 per share on revenue of $2.5 billion. The consensus earnings estimate was $0.92 per share on revenue of $2.7 billion. The Earnings Whisper number was $1.03 per share. Revenue grew 43.5% on a year-over-year basis.

The company said it expects 2021 revenue of $13.90 billion to $14.60 billion. The current consensus revenue estimate is $13.20 billion for the year ending December 31, 2021.

Builders FirstSource Inc is a supplier and manufacturer of structural and related building products for residential new construction in the United States.

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