TopBuild: Q4 Financial Results Overview

TopBuild Corp. Reports Strong Fourth-Quarter Results

TopBuild Corp., headquartered in Daytona Beach, Florida, announced a net income of $104.5 million for the fourth quarter.

The company reported earnings of $3.71 per share, with adjusted earnings—excluding one-time expenses—coming in at $4.50 per share.

These results surpassed analysts’ expectations, as the consensus from six Zacks Investment Research analysts predicted earnings of $4.39 per share.

TopBuild’s revenue for the quarter reached $1.49 billion, also beating forecasts. Five analysts surveyed by Zacks had anticipated revenue of $1.48 billion.

Looking ahead, TopBuild projects its annual revenue will fall between $5.93 billion and $6.23 billion.

Since the start of the year, TopBuild’s stock price has risen by 16%, and over the past year, shares have gained 56%.