CBPX - Continental Building Products: Revisit This Before May Earnings Call
Continental Building Products, Inc. (NYSE:CBPX) had a record year in 2018. Its net sales were $528 million and net income increased 24% to $74 million for a net income margin of about 14%. The operating cash flow surpassed $100 million for the third year.
Share Repurchase Bolstered EPS
The company spent approximately $66 million in share repurchases and reduced outstanding shares by 2.3 million in 2018. The company had paid an average price per share of $28.79 for repurchases in the three months that ended on December 21, 2018. The stock currently