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Beacon Roofing Supply (BECN)
NASDAQ:BECN
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.17Last Year’s EPS
0.41Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 6.70%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
Beacon delivered a record fourth quarter and made substantial progress on its Ambition 2025 plan, including strong growth in digital and private label sales. However, challenges in residential roofing demand, commercial roofing headwinds, and cost management were notable lowlights. The sentiment is balanced with significant achievements and existing challenges.Company Guidance
During the Beacon Fourth Quarter and Full Year 2024 Earnings Call, management provided guidance for 2025, projecting mid-single-digit sales growth driven by a combination of acquisitions, greenfield expansions, and organic growth. The company anticipates adjusted EBITDA to range between $950 million and $1.03 billion, with expectations for price-cost neutrality across the year. The first quarter is expected to see a 3% to 5% decline in sales per day due to harsh weather conditions, but full-year gross margin is anticipated to align with the previous year, supported by structural improvements in pricing, private label, and digital sales. Beacon plans to open 15 to 20 new greenfield locations, primarily in OTC markets, and continue executing its tuck-in acquisition strategy, while maintaining a focus on operational efficiency and productivity to drive margin expansion. Additionally, the company aims to generate operating cash flow between $500 million and $600 million for the year.Record Fourth Quarter Performance
Beacon set fourth quarter records for net sales, adjusted EBITDA, and cash flow despite challenges in certain markets. Sales per day were up approximately 3% year-over-year to $2.4 billion driven by contributions from recently acquired branches.
Ambition 2025 Plan Progress
Significant progress on the Ambition 2025 plan was made, with sales growth of more than 7% to nearly $9.8 billion and generating more than $930 million in adjusted EBITDA. Private label sales grew approximately 7% in the fourth quarter.
Digital Sales Growth
Digital sales grew approximately 20% year-over-year in the fourth quarter, with digital sales as a percentage of total sales reaching approximately 16%, nearly a 200 basis point improvement year-over-year.
Greenfield and Acquisition Contributions
The 17 greenfields from the class of 2022 contributed nearly $22 million to EBIT in full year 2024. Acquired branches from the class of 2022 delivered double-digit EBITDA margins in 2024.
Cash Flow and Share Repurchase
Record operating cash flow of $360 million was generated in the fourth quarter, and over $1.5 billion was deployed to share buybacks since the start of Ambition 2025, reducing the as-converted share count by more than 23%.
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BECN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BECN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $116.00 | $115.32 | -0.59% |
| Oct 30, 2024 | $95.47 | $92.07 | -3.56% |
| Aug 01, 2024 | $98.27 | $85.40 | -13.10% |
| May 02, 2024 | $97.52 | $95.89 | -1.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Beacon Roofing Supply (BECN) report earnings?
Beacon Roofing Supply (BECN) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Beacon Roofing Supply (BECN) earnings time?
Beacon Roofing Supply (BECN) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BECN EPS forecast?
BECN EPS forecast for the fiscal quarter 2025 (Q1) is -0.17.
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