Beacon Announces Preliminary Financial Results for Q2 2020 and Provides COVID-19 Business Update
Beacon Roofing Supply, Inc. (BECN)
Last beacon roofing supply, inc. earnings: 2/3 04:01 pm
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US:NASDAQ Investor Relations:
ir.beaconroofingsupply.com/investor-relations
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Source: Business Wire
Q2 2020 net sales estimate of ~$1.46 billionStrong cost focus and liquidity actions strengthen financial position HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today preliminary financial results for its fiscal year 2020 second quarter and provided a COVID-19 business update. The COVID-19 update addresses recent business trends, management’s rapid action to reduce costs and increase financial flexibility, and the Company’s continued efforts to assist its customers in the current environment. A supplemental presentation to the COVID-19 business update is available within the Investor Relations section of the Company’s website.Preliminary Financial Results for Three Months Ended March 31, 2020Net sales are expected to be approximately $1.46 billion, representing overall sales growth of 2% and a daily sales increase of 0.5%, as compared to the prior year period. Net income (loss), including the impact of non-cash accelerated intangible asset amortizati
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