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Installed Building Products Q2 2023 Earnings Report

Installed Building Products logo
$191.03 -1.07 (-0.56%)
(As of 12:21 PM ET)

Installed Building Products EPS Results

Actual EPS
$2.52
Consensus EPS
$2.31
Beat/Miss
Beat by +$0.21
One Year Ago EPS
N/A

Installed Building Products Revenue Results

Actual Revenue
$692.10 million
Expected Revenue
$667.03 million
Beat/Miss
Beat by +$25.07 million
YoY Revenue Growth
N/A

Installed Building Products Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Installed Building Products Earnings Headlines

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Installed Building Products (IBP) was downgraded to a Hold Rating at Evercore ISI
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About Installed Building Products

Installed Building Products (NYSE:IBP), together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; and waterproofing options, including sheet and hot applied waterproofing membranes, as well as deck coating, bentonite, and air and vapor systems. Further, it distributes spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation, as well as accessories and equipment used in the insulation installation process; and manufactures cellulose insulation and specialty industrial fibers. It serves homebuilders, multi-family and commercial and agricultural construction firms, individual homeowners, and repair and remodeling contractors. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.

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