Benzinga | May 7, 2021 07:34AM EDT

Installed Building Prods Q1 Adj. EPS $0.90 Misses $1.02 Estimate, Sales $437.10M Miss $447.47M Estimate

Installed Building Prods (NYSE:IBP) reported quarterly earnings of $0.90 per share which missed the analyst consensus estimate of $1.02 by 11.76 percent. This is a 15.38 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $437.10 million which missed the analyst consensus estimate of $447.47 million by 2.32 percent. This is a 10.01 percent increase over sales of $397.33 million the same period last year.