Installed Building Products (IBP) Q3 Earnings Report Preview: What To Look For

Installed Building Products, a leading provider of building products installation services, is set to release its Q3 earnings report on November 4th. After a strong Q2 performance, analysts predict a 1.6% year-over-year revenue drop to $748 million, marking a significant shift from last year's 7.7% growth. Despite this, the company is expected to maintain its streak of positive surprises, with adjusted earnings per share projected at $2.76. As the home builders sector experiences mixed results, investors eagerly await Installed Building Products' performance to determine if it will continue to defy industry trends or follow the recent slowdown.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.