Beacon Roofing Supply Inc. Reports 64% Gain In Q3 Bottom Line

(RTTNews) - Beacon Roofing Supply Inc. (BECN) reported earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line rose to $46.57 million, or $0.77 per share. This was higher than $28.35 million, or $0.56 per share, in last year's third quarter.

Analysts had expected the company to earn $0.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 59.7% to $1.15 billion. This was up from $0.72 billion last year.

Beacon Roofing Supply Inc. earnings at a glance:

-Earnings (Q3): $46.57 Mln. vs. $28.35 Mln. last year. -Earnings Growth (Y-o-Y): 64.3% -EPS (Q3): $0.77 vs. $0.56 last year. -EPS Growth (Y-o-Y): 37.5% -Analysts Estimate: $0.76 -Revenue (Q3): $1.15 Bln vs. $0.72 Bln last year. -Revenue Change (Y-o-Y): 59.7%