💨 Abstract

Installed Building Products Inc. (IBP) reported a first-quarter profit of $45.4 million, or $1.64 per share, with adjusted earnings of $2.08 per share, missing Wall Street's expectations of $2.18 per share. Despite this, the company's revenue of $684.8 million exceeded forecasts of $673.2 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖