Builders FirstSource Q4 Results Down; Sees Higher Sales, Weak Margin In FY25; Stock Drops - Update

(RTTNews) - Builders FirstSource, Inc. (BLDR), while reporting weak results in its fourth quarter, on Thursday issued fiscal 2025 forecast, expecting higher revenues and lower adjusted EBITDA margin.

In pre-market activity on the NYSE, Builders FirstSource shares were losing around 4.7 percent to trade at $137.99.

For fiscal 2025, the company expects to achieve net sales to be in a range of $16.5 billion to $17.50 billion. Net sales were $16.40 billion in fiscal 2024.

The Wall Street analysts on average expect the company to report sales of $17.26 billion. Analysts' estimates typically exclude special items.

Adjusted EBITDA is expected to be in a range of $1.9 billion to $2.3 billion, with adjusted EBITDA margin in a range of 11.5 percent to 13.0 percent.

In fiscal 2024, adjusted EBITDA was $2.3 billion, and adjusted EBITDA margin was 14.2 percent.

In its fourth quarter, the company's profit decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $190.2 million or $1.65 per share, compared with $350.8 million, or $2.83 per share, last year.

Adjusted earnings were $267.5 million or $2.31 per share for the period. Analysts had expected the company to earn $2.21 per share.

Net sales for the period fell 8.0 percent to $3.820 billion from $4.150 billion last year. The Street expected sales of $3.89 billion.

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