Beacon Roofing Supply (BECN) Company Overview

Julian Francis, the President and CEO of Beacon Roofing Supply, appears on 'Mad Money' with Jim Cramer to discuss the current situation in the industry, the company's products, and other related topics.

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--Beacon (Nasdaq: BECN), a top publicly-traded distributor of roofing and waterproofing products, has announced an Investor Day in New York City on Thursday, March 13, 2025. During this event, Beacon's President and CEO Julian Francis, CFO Prithvi Gandhi, and other senior leaders will discuss the company's strategy, growth factors, and financial goals. The event will feature formal presentations.

BECN is growing by making new acquisitions and opening new branches, moving closer to achieving its Ambition 2025 goals.

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. At the same time, we keep an eye on the most recent trends in value, growth, and momentum to support our top selections.

BECN gains advantages from its emphasis on the Ambition 2025 goals, synergies from acquisitions, and strategic investments. Nevertheless, the high costs and expenses raise some concerns.

Beacon Roofing Supply, Inc. is still considered a soft "Buy" because of its appealing prices, strong revenue growth from acquisitions, and ongoing share buybacks, even though its financial results are mixed. The company has grown significantly, now operating 587 branches in the U.S. and Canada, and has made large investments in acquisitions and new locations. Although organic growth is slow, BECN's revenue increased by 7.3% compared to last year, mainly due to acquisitions, with significant growth in related building and non-residential roofing products.

Investments in technology, the rise of e-commerce, and recent interest rate reductions by the central bank are likely to boost the growth potential of the Building Products - Retail sector. Companies like HD, LOW, FAST, BECN, and TGLS seem to be in a good position for expansion.

HERNDON, Va.--(BUSINESS WIRE)---- $becn #Ambition2025--On this Veteran's Day, Beacon (Nasdaq: BECN) revealed the 14 grand-prize winners of its annual Beacon of Hope® program, which recognizes Veterans across North America for their service by providing them with a new roof at no cost. In collaboration with local roofing companies, Beacon will carry out 14 roof replacements for homes of Veterans and Gold Star Families, as well as community buildings that support Veterans. “At Beacon, we are dedicated to...

Beacon Roofing Supply (BECN) reported quarterly earnings of $2.80 per share, which is lower than the Zacks Consensus Estimate of $2.88 per share. This is also a slight decrease compared to earnings of $2.85 per share from the same period last year.