Benzinga | Aug 6, 2020 11:20AM EDT

Installed Building Prods Earlier Reported Q2 EPS $1.12 Beats $0.75 Estimate, Sales $393.94M Beat $372.80M Estimate

Installed Building Prods (NYSE:IBP) reported quarterly earnings of $1.12 per share which beat the analyst consensus estimate of $0.75 by 49.33 percent. This is a 28.74 percent increase over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $393.94 million which beat the analyst consensus estimate of $372.80 million by 5.67 percent. This is a 5.95 percent increase over sales of $371.81 million the same period last year.