NYSE$IBP
Installed Building Products Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Installed Building Products reported record results for the third quarter of 2020, driven by revenue growth and improved profitability.
Installed Building Products reported record third-quarter results, with net revenue increasing by 6.1% to $420.5 million and net income increasing by 32.4% to $28.1 million. The company's performance was driven by strong residential sales and improved gross profit margins.
- Net revenue increased 6.1% to a record $420.5 million.
- Residential sales increased 6.2%.
- Net income increased 32.4% to a record $28.1 million.
- Adjusted net income per diluted share increased 22.2% to $1.21.
Headline financials
Revenue & EPS history
Installed Building Products · Revenue · Quarterly
$420M
Revenue by segment
Installed Building Products · $1.32B total across 4 segments · Q3 2023
- Installation$661M—50.0%
- Residential new construction$518M-2.7%39.2%
- Commercial$105M+3.7%8.0%
- Repair and remodel$37.8M-3.3%2.9%
Forward guidance
IBP believes it is well-positioned for 2021, supported by favorable demand trends within the single-family housing market. While the company expects near-term challenges in the large commercial end-market, it believes long-term fundamentals remain intact.
Tailwinds
- Favorable demand trends within the single-family housing market
- Strong operating cash flow
- Solid balance sheet
- Significant flexibility to navigate various end-market cycles
- Robust pipeline of acquisition opportunities
Headwinds
- Near-term challenges within the large commercial end-market
- Impact of the COVID-19 crisis on our business and end markets
- General economic and industry conditions
- The material price environment
- The timing of increases in our selling prices
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.4%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+2.2%
Avg return
30 days after
59%
29 / 49 earnings
Positive
+18.5%
Q1 2016
Best reaction
-28.0%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -28.0% | -32.4% | -34.6% | |
| Q4 2025 | +6.9% | +8.3% | -12.8% | |
| Q3 2025 | +2.8% | +8.2% | +12.7% | |
| Q1 2025 | -0.6% | +4.2% | +0.5% | |
| Q4 2024 | -1.1% | -3.4% | -0.8% | |
| Q3 2024 | -7.7% | -8.8% | -5.9% | |
| Q2 2024 | -14.3% | -17.1% | -17.8% | |
| Q1 2024 | +0.7% | -0.2% | -9.4% | |
| Q4 2023 | +15.6% | +17.5% | +27.4% | |
| Q3 2023 | -0.3% | +2.0% | +32.7% | |
| Q2 2023 | +1.0% | +5.5% | -1.6% | |
| Q1 2023 | -4.5% | -6.8% | -7.2% | |
| Q4 2022 | +10.7% | +12.0% | +4.6% | |
| Q3 2022 | +1.6% | -1.1% | +10.6% | |
| Q2 2022 | +1.1% | +0.2% | -8.6% | |
| Q1 2022 | +3.4% | +0.5% | +13.8% | |
| Q4 2021 | -3.0% | +4.7% | -9.6% | |
| Q3 2021 | +0.3% | -0.2% | -0.6% | |
| Q2 2021 | +3.6% | +4.8% | +3.8% | |
| Q1 2021 | -6.8% | -16.0% | -13.2% | |
| Q4 2020 | -12.8% | -6.4% | -7.9% | |
| Q3 2020 | -8.2% | -8.8% | -9.9% | |
| Q2 2020 | +1.3% | +2.2% | +4.9% | |
| Q1 2020 | +1.9% | -7.6% | +43.4% | |
| Q4 2019 | -5.2% | -5.7% | -36.5% | |
| Q3 2019 | +10.1% | +8.4% | +9.9% | |
| Q2 2019 | +3.5% | +5.4% | +2.7% | |
| Q1 2019 | +13.5% | +13.3% | +6.2% | |
| Q4 2018 | +3.2% | +1.7% | +6.7% | |
| Q3 2018 | +15.4% | +18.4% | +27.2% | |
| Q2 2018 | -6.4% | -0.9% | -14.0% | |
| Q1 2018 | +2.2% | +6.0% | +6.0% | |
| Q4 2017 | -18.3% | -15.8% | -11.7% | |
| Q3 2017 | -3.5% | -10.0% | +14.0% | |
| Q2 2017 | +7.2% | +9.3% | +6.1% | |
| Q1 2017 | -9.3% | -9.8% | -1.9% | |
| Q4 2016 | +14.8% | +21.1% | +27.0% | |
| Q3 2016 | +2.0% | +7.7% | +28.1% | |
| Q2 2016 | -10.4% | -10.0% | +0.3% | |
| Q1 2016 | +18.5% | — | — | |
| Q4 2015 | +5.0% | — | — | |
| Q3 2015 | -17.4% | — | — | |
| Q2 2015 | +6.1% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | +9.9% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +4.6% | — | — | |
| Q4 2013 | +9.8% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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