Unlocking Q4 Potential of Beacon Roofing (BECN): Exploring Wall Street Estimates for Key Metrics

Wall Street analysts expect Beacon Roofing Supply (BECN) to post quarterly earnings of $1.67 per share in its upcoming report, which indicates a year-over-year decline of 2.9%. Revenues are expected to be $2.42 billion, up 5.4% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.With that in mind, let's delve into the average projections of some Beacon Roofing metrics that are commonly tracked and projected by analysts on Wall Street.It is projected by analysts that the 'Net sales- Residential roofing products' will reach $1.16 billion. The estimate points to a change of 0% from the year-ago quarter.The average prediction of analysts places 'Net sales- Complementary building products' at $587.74 million. The estimate suggests a change of +15.2% year over year.The consensus among analysts is that 'Net sales- Non-residential roofing products' will reach $674.45 million. The estimate indicates a change of +7.6% from the prior-year quarter.Based on the collective assessment of analysts, 'Revenue Growth Rate (YoY change) - Residential roofing products' should arrive at -1.7%. The estimate compares to the year-ago value of 20.2%.The consensus estimate for 'Revenue Growth Rate (YoY change) - Complementary building products' stands at 9.6%. Compared to the current estimate, the company reported 16% in the same quarter of the previous year.The collective assessment of analysts points to an estimated 'Revenue Growth Rate (YoY change) - Non-residential roofing products' of 5.8%. The estimate compares to the year-ago value of 11.4%.View all Key Company Metrics for Beacon Roofing here>>>Beacon Roofing shares have witnessed a change of -1.5% in the past month, in contrast to the Zacks S&P 500 composite's -0.5% move. With a Zacks Rank #2 (Buy), BECN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks