Benzinga | Nov 4, 2021 07:44AM EDT

Installed Building Prods Q3 EPS $1.49 Misses $1.63 Estimate, Sales $509.80M Miss $513.55M Estimate

Installed Building Prods (NYSE:IBP) reported quarterly earnings of $1.49 per share which missed the analyst consensus estimate of $1.63 by 8.59 percent. This is a 23.14 percent increase over earnings of $1.21 per share from the same period last year. The company reported quarterly sales of $509.80 million which missed the analyst consensus estimate of $513.55 million by 0.73 percent. This is a 21.24 percent increase over sales of $420.49 million the same period last year.