Builders FirstSource falls after lowering annual sales outlook
BLDR•Results miss analyst expectations
Builders FirstSource reported adjusted earnings per share of $1.17, compared with analysts' estimate of $1.27, according to data compiled by LSEG.
Net sales fell 8.8% to $3.9 billion.
Year to date, the company's shares are down 34.1%.
Shares fall after annual sales outlook cut
Shares of construction materials supplier Builders FirstSource were down 2% at $66.50 premarket after the company trimmed its 2026 revenue estimates, citing persistent weakness in the U.S. residential construction market.
It cut its net sales forecast to between $14 billion and $14.8 billion, compared with previous expectations of $14.6 billion to $15.6 billion.
