Builders Firstsource is a leading supplier of building materials and manufactured components for residential and commercial construction projects in the United States
The company offers a wide range of products, including lumber, windows, doors, roofing, and other essential materials that cater to contractors, builders, and construction firms. By providing a comprehensive suite of building solutions, Builders Firstsource facilitates the construction process and helps meet the growing demand for housing and infrastructure development. Their focus on innovation, customer service, and operational efficiency positions them as a key player in the construction supply industry.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 6.6% over the past six months. This performance was disheartening since the S&P 500 held steady.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Building materials company Builders FirstSource (NYSE:BLDR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 8% year on year to $3.82 billion. The company’s full-year revenue guidance of $17 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP profit of $2.31 per share was 4% above analysts’ consensus estimates.
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Builders FirstSource reported a decline in Q4 sales, dropping 8% to $3.82 billion, missing estimates. Core organic sales fell 8.8%, with significant declines in Multi-Family and Single-Family markets.
Builders FirstSource, Inc. (NYSE: BLDR) today announced that its Board of Directors has appointed Cheryl Ainoa, Former Executive Vice President and Chief Technology Officer for Walmart Global Technology, and Maria Renz, Vice President and General Manager for Google, to the Company’s Board of Directors, effective March 1, 2025.
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Stay informed about the performance of the S&P500 index one hour before the close of the markets on Friday. Uncover the top gainers and losers in today's session for valuable insights.
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Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Hedge funds offer valuable insights for retail investors. ETFs based on bullish sectors such as autos, homebuilding, mining and AI can capitalize on these themes.
