Builders FirstSource 2Q Earnings Pregame Scorecard

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Last quarter Builders FirstSource (NASDAQ:BLDR) beat estimates by 3 cents per share and it is up again on Thursday, July 19, 2012.

Expectations

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Analysts currently expect Builders FirstSource to come in with a loss of -5 cents per share on revenues of $245 million. Over the past three months, the average estimate has moved up from a loss of 7 cents.

Last Quarter's Results

In the first quarter, the company's loss narrowed to a loss of $19.2 million (20 cents a share) from a loss of $21.2 million (22 cents) a year earlier, beating analyst expectations. Revenue rose 34.7% to $219.4 million from $162.8 million.

Stock Ratings

Analysts are split on Builders FirstSource, but one of two analysts rate it hold. Wall Street has warmed to the stock over the past three months, with the average analyst estimate increasing to Moderate buy from Hold.

Stock Movement

The stock price has been falling recently The share price has fallen 49 cents since July 3, 2012. Looking at change over the last three months, from April 18, 2012 and July 13, 2012, the stock price is up 97 cents (24.7%), from $3.93 to $4.90.

Company Fundamental Trends On the top line, the company is looking to build on three-straight revenue increases heading into this earnings announcement. Revenue increased 20.4% in the third quarter of the last fiscal year and 31% in the fourth quarter of the last fiscal year before climbing again in the first quarter.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 19, 2012

EPS: -5 cents net oss

Revenue Estimate: $245 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)