An Overview of BlueLinx Hldgs's Earnings

BlueLinx Hldgs (NYSE:BXC) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect BlueLinx Hldgs to report an earnings per share (EPS) of $1.19.

Anticipation surrounds BlueLinx Hldgs's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

Last quarter the company missed EPS by $0.06, which was followed by a 0.24% drop in the share price the next day.

Here's a look at BlueLinx Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.74

1.35

1.67

2.85

EPS Actual

1.68

2.14

2.94

2.98

Price Change %

-0.0%

-8.0%

-2.0%

8.0%

Stock Performance

Shares of BlueLinx Hldgs were trading at $104.18 as of October 25. Over the last 52-week period, shares are up 49.98%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on BlueLinx Hldgs

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding BlueLinx Hldgs.

A total of 2 analyst ratings have been received for BlueLinx Hldgs, with the consensus rating being Buy. The average one-year price target stands ...