Zacks Premium - Zacks Premium提供了多种方式帮助投资者充分利用股市和投资，包括Zacks Rank和Zacks Industry Rank的每日更新，Zacks 1 Rank List的完整访问权限，以及Premium股票筛选等服务[1] Zacks Style Scores - Zacks Style Scores是与Zacks Rank一起开发的互补指标，根据价值、增长和动量特征对股票进行评级，帮助投资者选择未来30天内市场表现最佳的股票[3] - Style Scores分为四个类别，包括价值分数、增长分数、动量分数和VGM分数，分别评估股票的价值、增长、动量和综合加权风格，帮助投资者找到具有最有吸引力价值、最佳增长预测和最有前景动量的公司[5][6][7][8] Zacks Rank - Zacks Rank利用盈利预期修订的力量帮助投资者创建成功的投资组合，1 (Strong Buy)股票自1988年以来的平均年回报率超过25.41%，是标普500指数同期表现的两倍以上[9][10] - Style Scores与Zacks Rank结合使用，投资者应始终考虑具有Zacks Rank 1或2且具有A或B分数的股票，以获得最高成功概率[12] - 例如，即使具有A和B分数的股票被评为4 (Sell)或5 (Strong Sell)，如果其盈利预期呈下降趋势，其股价也更有可能下跌，因此拥有1或2 Rank且具有A或B分数的股票越多，越好[14] TopBuild (BLD) - TopBuild (BLD)是一家总部位于佛罗里达州代托纳海滩的公司，是美国建筑行业的绝缘材料和其他建筑产品的安装商和分销商，具有Zacks Rank 2 (Buy)和VGM Score B，值得投资者关注[15] - BLD具有A级的动量风格分数，过去四周股价上涨了6.4%，四位分析师在过去60天内上调了2024财年的盈利预期，Zacks Consensus Estimate也增加了0.29美元至每股20.91美元，平均盈利惊喜率为12.4%[16][17] - 拥有稳固的Zacks Rank和顶级的动量和VGM风格分数，BLD应该进入投资者的备选名单[18]

Leases. At the inception of a contract, we determine whether the contract is or contains a lease, based on the unique facts and circumstances present. Our facilities operating leases and various vehicle and equipment finance leases have lease and non-lease fixed cost components, which we account for as one single lease component in calculating the present value of minimum lease payments. Variable lease and non-lease cost components are expensed as incurred and are primarily included in cost of sales on the ...

21% WORKFORCE AT A GLANCE ETHNIC DIVERSITY 66% 43% MANAGEMENT GENDER DIVERSITY SAFETY PERFORMANCE TOTAL INCIDENT RATE LOST TIME CASE RATE 3.06 2.79 3.06 2.79 2.59 1.92 1.97 1.92 0.70 0.72 0.70 0.56 0.57 0.720.70 0.67 0.56 0.57 2019 2020 2021 2022 2023 2019 200 2021 2022 2023 36% decrease In Total Incident Rate since 2019 decrease In Lost Time Case Rate since 2019 Core Strengths ▪ Unique model, diversified end markets ▪ Laser focus on core business, insulation ▪ Multiple avenues for growth ▪ Unrivaled North ...

财务数据和关键指标变化 - 2023年全年收入为52亿美元,同比增长3.7% [29] - 2023年全年毛利率为30.9%,同比提升120个基点 [29] - 2023年全年调整EBITDA率为20.2%,同比提升140个基点,首次超过10亿美元 [29] - 2023年第四季度收入为13亿美元,同比增长1.7% [30] - 2023年第四季度毛利率为30.4%,同比提升70个基点 [31] - 2023年第四季度调整EBITDA率为19.6%,同比提升80个基点 [31] 各条业务线数据和关键指标变化 - 2023年全年安装业务收入增长,多户型和商业项目增长超过50%和11%,抵消了单户型下降 [12] - 2023年第四季度安装业务收入增长3.8%,主要得益于收购、多户型和商业项目增长以及价格略有上涨 [30] - 2023年第四季度专业分销业务收入增长0.2%,商业和工业销售增长抵消了住宅销量下降 [30] 各个市场数据和关键指标变化 - 公司预计2024年住宅销售中单户型和多户型将实现中单位数增长 [37] - 公司预计2024年商业和工业销售将实现中单位数增长,主要来自良好的投标活动和强劲的订单 [37] 公司战略和发展方向及行业竞争 - 公司持续推进提高劳动生产率的举措,将为利润带来显著提升 [15] - 公司成立专项团队专注于提升运营效率,已经识别出多项2024年及以后可以提升业绩的机会 [16][17] - 公司将继续通过收购来拓展住宅安装和专业分销业务,看好行业高度分散的特点 [25] - 公司看好长期住宅新建市场的基本面,认为存在房源短缺和强劲刚需 [21] - 公司预计2024年材料供应仍将偏紧,有望实现良好的价格提升 [23][24] 管理层对经营环境和未来前景的评论 - 2023年公司业绩超出预期,管理层对2024年前景保持乐观 [10][20] - 管理层认为单户型住宅开工有望在今年下半年有所改善,多户型项目订单充足 [21] - 管理层对商业和工业市场前景也持乐观态度,看好未来的投标活动和订单情况 [22] 问答环节重要的提问和回答 问题1 **Philip Ng提问** 询问2024年EBITDA增长预期为何有所放缓,是否存在一些不确定因素 [47][48][49] **Robert Kuhns回答** 解释2023年EBITDA存在一次性超额贡献约2500万美元,剔除这一因素后2024年EBITDA增长预期仍在合理区间 [48][49] 问题2 **Ken Zener提问** 询问公司对2024年住宅销量和价格的预期 [154][155][156] **Robert Kuhns回答** 解释公司预计2024年住宅销量增长将主要来自价格,单户型开工维持在当前水平,多户型项目将保持平稳 [155][156] 问题3 **Noah Merkousko提问** 询问公司是否预计未来多户型市场放缓后,可能释放出安装产能以支持单户型市场 [86][87][88] **Robert Buck回答** 表示公司认为这种情况下劳动力将向单户型市场转移,且单户型项目单位收益更高,这将是一个积极因素 [88]

For the quarter ended December 2023, TopBuild (BLD) reported revenue of $1.29 billion, up 1.7% over the same period last year. EPS came in at $4.69, compared to $4.40 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.28 billion, representing a surprise of +0.17%. The company delivered an EPS surprise of +1.96%, with the consensus EPS estimate being $4.60.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

TopBuild (BLD) came out with quarterly earnings of $4.69 per share, beating the Zacks Consensus Estimate of $4.60 per share. This compares to earnings of $4.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.96%. A quarter ago, it was expected that this insulation products company would post earnings of $4.59 per share when it actually produced earnings of $5.43, delivering a surprise of 18.30%.Over the last four quarters, t ...

NYSE:BLD A leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada Fourth Quarter Highlights · Sales increase 1.7% to $1.3 billion · Gross margin expands 70 basis points to 30.4% · Adjusted EBITDA margin expands 80 basis points to 19.6% Provides 2024 Sales and Adjusted EBITDA Outlook | --- | --- | --- | |--------------------------------------|------------|------------| | 3 Months Ended 12/31/23 | Reported | ...

Shares of TopBuild (BLD) have been strong performers lately, with the stock up 12.3% over the past month. The stock hit a new 52-week high of $414.11 in the previous session. TopBuild has gained 9.9% since the start of the year compared to the 6.1% move for the Zacks Construction sector and the 9.7% return for the Zacks Building Products - Miscellaneous industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate ...

财务表现 - TopBuild（BLD）即将发布的报告预计每股收益为4.60美元，较去年同期增长4.6%[1] - 分析师预测营收将达到12.8亿美元，同比增长1.5%[1] - 过去30天，季度每股收益的共识预期上调了0.2%[2] - 在公司披露收益前，重要考虑收益预期的变化[3] - 多项实证研究一致表明，收益预期修订趋势与股票短期价格表现之间存在强关联[4] - 投资者通常将共识收益和营收预期作为季度业绩的指标，探索分析师对特定关键指标的预测可以提供有价值的见解[5] 销售预测 - 分析师预测“净销售-专业分销”将达到5.471亿美元，同比下降2.8%[7] - 根据分析师的综合评估，“净销售-安装”应达到7.9186亿美元，同比增长4%[8] 利润预测 - 分析师预测“营业利润，按报告-安装”将达到1.5001亿美元，与去年同期的1.4196亿美元形成对比[9] - 根据分析师的综合判断，“营业利润，按报告-专业分销”应为7.893万美元，与去年同期的8.069万美元相比[10] 股票表现 - TopBuild股票过去一个月的回报率为+9.7%，预计将在未来表现优于整体市场[11]

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...