💨 Abstract
Installed Building Products Inc. (IBP) reported second-quarter earnings of $69 million, or $2.52 per share, with adjusted earnings of $2.95 per share. Revenue reached $760.3 million, both exceeding Wall Street expectations. The residential insulation installer surpassed analysts' forecasts for both earnings and revenue, indicating strong financial performance for the quarter.
Courtesy: WTOP Staff
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