Benzinga | Aug 5, 2021 07:40AM EDT

Installed Building Prods Q2 EPS $1.59 Beats $1.47 Estimate, Sales $488.10M Beat $476.47M Estimate

Installed Building Prods (NYSE:IBP) reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.47 by 8.16 percent. This is a 41.96 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $488.10 million which beat the analyst consensus estimate of $476.47 million by 2.44 percent. This is a 23.90 percent increase over sales of $393.94 million the same period last year.