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

Foundation Building Materials, Inc. (NYSE:FBM) announced its quarterly earnings data on Saturday, November, 7th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The business earned $521.30 million during the quarter, compared to the consensus estimate 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 for the quarter was down 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 earnings per share.

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 initial public offering (IPO) on Friday, February 10th 2017. The company issued 12,800,000 shares at a price of $17.00-$19.00 per share. Deutsche Bank Securities, Barclays, RBC Capital Markets, Citigroup and Baird acted as the underwriters for the IPO and Raymond James, Stephens, SunTrust Robinson Humphrey and William Blair were co-managers.