Foundation Building Materials (FBM) Stock Price, News & Analysis

Foundation Building Materials, Inc. (NYSE:FBM) issued its quarterly earnings data on Saturday, November, 7th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The business had revenue of $521.30 million for the quarter, compared to analysts' expectations of $532.57 million. Foundation Building Materials had a trailing twelve-month return on equity of 10.74% and a net margin of 2.22%. The business's revenue was down 7.7% on a year-over-year basis. During the same period last year, the business earned $0.33 EPS.

15 employees have rated Foundation Building Materials Chief Executive Officer Ruben D. Mendoza on Glassdoor.com. Ruben D. Mendoza has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Foundation Building Materials investors own include General Electric (GE), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), Home Depot (HD), Alibaba Group (BABA), CVS Health (CVS), Intel (INTC) and Johnson & Johnson (JNJ).

Foundation Building Materials (FBM) raised $230 million in an IPO on Friday, February 10th 2017. The company issued 12,800,000 shares at $17.00-$19.00 per share. Deutsche Bank Securities, Barclays, RBC Capital Markets, Citigroup and Baird served as the underwriters for the IPO and Raymond James, Stephens, SunTrust Robinson Humphrey and William Blair were co-managers.