Builders FirstSource, Inc. Second Quarter Earnings Sneak Peek

Builders FirstSource, Inc. (NASDAQ:BLDR) will unveil its latest earnings on Thursday, July 21, 2011. Builders FirstSource, Inc. is a supplier and manufacturer of structural and related building products for residential new construction.

Builders FirstSource, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 11 cents per share, a narrower loss from the year earlier quarter net loss of 12 cents. During the past three months, the average estimate has moved down from a loss of 10 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at a loss of 11 cents during the last month.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting a loss of 13 cents per share against a mean estimate of net loss of 17 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $206.8 million in revenue this quarter, a decline of 2.2% from the year ago quarter. Analysts are forecasting total revenue of $750.5 million for the year, a rise of 7.2% from last year’s revenue of $700.3 million.

Analyst Ratings: The limited number of analysts covering the stock seem relatively indifferent about Builders FirstSource with three of three analysts surveyed maintaining a hold rating.

Key Stats:

A year-over-year revenue increase in the first quarter snaps a streak of two consecutive quarters of revenue declines. Revenue rose 0.9% in the first quarter and fell 4.5% in the fourth quarter of the last fiscal year and 4.5% in the third quarter of the last fiscal year.

Competitors to Watch: The Home Depot, Inc. (NYSE:HD), Lowe’s Companies, Inc. (NYSE:LOW), Lumber Liquidators Hldgs., Inc. (NYSE:LL), BlueLinx Holdings Inc. (NYSE:BXC), Tractor Supply Company (NASDAQ:TSCO).

Stock Price Performance: During April 19, 2011 to July 15, 2011, the stock price had fallen 58 cents (-20.5%) from $2.83 to $2.25. The stock price saw one of its best stretches over the last year between March 24, 2011 and April 5, 2011 when shares rose for nine-straight days, rising 28.1% (+72 cents) over that span. It saw one of its worst periods between November 15, 2010 and November 29, 2010 when shares fell for 10-straight days, falling 26.1% (-55 cents) over that span. Shares are up 28 cents (+14.2%) year to date.

(Source: Xignite Financials)

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