Core Insights - Beacon Roofing Supply reported revenue of $2.4 billion for the quarter ended December 2024, reflecting a year-over-year increase of 4.5% [1] - The company's EPS was $1.65, down from $1.72 in the same quarter last year, indicating a decline in earnings per share [1] - Revenue fell short of the Zacks Consensus Estimate of $2.42 billion, resulting in a surprise of -0.79% [1] - The EPS also missed the consensus estimate of $1.67, with a surprise of -1.20% [1] Revenue Growth Metrics - Residential roofing products experienced a revenue growth rate of 0.8%, compared to an average estimate of -1.7% from four analysts [4] - Complementary building products saw a revenue growth rate of 11.7%, exceeding the average estimate of 9.6% from four analysts [4] - Non-residential roofing products had a revenue growth rate of 5.5%, slightly below the average estimate of 5.8% from four analysts [4] Net Sales Performance - Net sales for residential roofing products were reported at $1.17 billion, slightly above the average estimate of $1.16 billion from four analysts, representing a year-over-year change of +0.8% [4] - Net sales for complementary building products were $569.90 million, below the average estimate of $587.74 million from four analysts, with a year-over-year change of +11.8% [4] - Net sales for non-residential roofing products were $661.40 million, compared to the average estimate of $674.45 million from four analysts, reflecting a year-over-year change of +5.5% [4] Stock Performance - Over the past month, shares of Beacon Roofing have returned -2%, which is slightly better than the Zacks S&P 500 composite's -2.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]

2024 Q4 & FULL YEAR 2024 EARNINGS PRESENTATION February 27, 2025 Disclosure Notice This presentation contains information about management's view of the Company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. In addition, oral statements made by our directors, officers and employees to the investor and analyst communities, media representatives and others, depending up ...

Beacon Roofing Supply (BECN) came out with quarterly earnings of $1.65 per share, missing the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.20%. A quarter ago, it was expected that this roofing materials distributor would post earnings of $2.88 per share when it actually produced earnings of $2.80, delivering a surprise of -2.78%.Over the last ...

Fourth Quarter Financial Highlights Exhibit 99.1 BEACON REPORTS RECORD FOURTH QUARTER AND FULL YEAR NET SALES, STRONG NET INCOME AND HIGHEST ADJUSTED EBITDA IN HISTORY HERNDON, VA. — (BUSINESS WIRE) — February 27, 2025 — Beacon (Nasdaq: BECN) (the "Company", "we", "our"), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and related exterior products, announced results today for the fourth quarter and full year ended December 31, 2024 ("2024"). "Despite the challengin ...

Wall Street analysts expect Beacon Roofing Supply (BECN) to post quarterly earnings of $1.67 per share in its upcoming report, which indicates a year-over-year decline of 2.9%. Revenues are expected to be $2.42 billion, up 5.4% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is cr ...

Investors in Beacon Roofing Supply, Inc. (BECN) need to pay close attention to the stock based on moves in the options market lately. That is because the April 17, 2025 $45 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It c ...

Reaffirms Commitment to Acquiring Beacon for $124.25 per Share in Cash All-Cash Offer Provides Significant and Immediate Value to Beacon Shareholders GREENWICH, Conn., Jan. 28, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) today commented on Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) adoption of a shareholder rights plan, which takes immediate effect and is aimed at blocking QXO's all-cash tender offer to acquire all outstanding shares of Beacon for $124.25 per share. "We launched our all-cash tender offe ...

GREENWICH, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) for $124.25 per share. This price implies a 37% premium above Beacon's 90-day unaffected volume-weighted average price of $91.02 per share as of November 15, 2024. The total transaction enterprise value is approximately $11 billion. QXO intends to complete the acquisition quickly after the tender ...

Beacon Roofing Supply (BECN) shares ended the last trading session 7.7% higher at $117.18. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.4% gain over the past four weeks.The stock price jumped after Beacon Roofing Supply announced on Wednesday that it had rejected an $11 billion takeover bid from QXO, stating that the offer "significantly undervalues" the roofing materials supplier. Earlier that day, QXO's CEO ...

Beacon Roofing Supply, Inc. (BECN) , a leading distributor of roofing, waterproofing and exterior products, reported progress in its fourth-quarter expansion efforts for 2024.The company added two new branches and completed two acquisitions, enhancing its presence in Massachusetts, Missouri and Tennessee. The initiatives indicate Beacon’s focus on growing its service area and strengthening the company’s market position.More on Beacon's Recent Growth InitiativesBeacon continued its M&A growth strategy by acq ...