Installed Building (IBP) Tops on Q1 Earnings & Net Revenues
IBP(IBP) Zacks Investment Research·2024-05-11 00:21
Installed Building Products, Inc. (IBP) reported impressive first-quarter 2024 results. Both earnings and net revenues surpassed the Zacks Consensus Estimate and increased on a year-over-year basis.Installed Building’s shares gained 2.1% during the trading session on May 9, following the earnings release.The first-quarter financial results of IBP showcase enhancements in the single-family end market and sustained robust sales growth in the multi-family end market. Customers demonstrate a strong commitment t ...