Installed Building Products Reports Record Second Quarter 2022 Results and Declares Regular Quarterly Cash Dividend
Installed Building Products, Inc. (IBP)
Last installed building products, inc. earnings: 2/27 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.installedbuildingproducts.com/investor-relations
Company Research
Source: Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the second quarter ended June 30, 2022.Second Quarter 2022 Highlights (Comparisons are to Prior Year Period)Net revenue increased 38.7% to a quarterly record of $676.7 millionInstallation revenue increased 32.1% to $638.0 million, driven by strong growth across IBP’s residential new construction, repair and remodel, and commercial marketsOther revenue, which includes IBP’s manufacturing and distribution operations, increased from $5.6 million to $40.3 million, driven by strong operating results and a recent acquisitionNet income increased 61.0% to $59.9 millionAdjusted EBITDA* increased 53.1% to $119.5 millionNet income per diluted share increased 65.0% to $2.07Adjusted net income per diluted share* increased 55.9% to $2.48Price/mix growth increased by a record 24.9% dur
Show less
Read more
Impact Snapshot
Event Time:
IBP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBP alerts
High impacting Installed Building Products, Inc. news events
Weekly update
A roundup of the hottest topics
IBP
News
- Homebuilder Stocks Tumble As Housing Starts Fall By 14.7%: 'A Poor Time To Buy A Home,' Says Economist [Yahoo! Finance]Yahoo! Finance
- Investors Heavily Search Installed Building Products, Inc. (IBP): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Installed Building Products (IBP) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Investors Should Be Encouraged By Installed Building Products' (NYSE:IBP) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Installed Building Products, Inc. (NYSE: IBP) had its price target raised by analysts at Evercore ISI from $226.00 to $272.00. They now have an "outperform" rating on the stock.MarketBeat
IBP
Earnings
- 2/22/24 - Beat
IBP
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- IBP's page on the SEC website