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Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2022 will be released after market close on Thursday, August 4, 2022. The Company will host a conference call and webcast to discuss its financial results at ...
William Blair analyst Ryan Merkel on Tuesday has downgraded Beacon Roofing Supply ( NASDAQ: BECN ) to Market Perform from Outperform due to prospects for decreasing gross margins in 2023 and a broad slowdown in the housing market. While gross margin has gained 2.3% since 2...
Beacon ( NASDAQ: BECN ) and Rebuilding Together established a two-year national partnership to provide home repairs for underserved neighbors in Beacon communities. Rebuilding Together is the leading national nonprofit organization with a vision to ensure sa...
Committing to providing home repairs in underserved communities Beacon (Nasdaq: BECN) and Rebuilding Together announced today that they have established a two-year national partnership to provide home repairs for underserved neighbors in Beacon communities. Rebuilding To...
Named National Preferred Partner for fourth year Beacon (Nasdaq: BECN) announced today that it has been recognized for a fourth year as a National Preferred Partner by David Weekley Homes , one of the United States’ largest privately-held home builders. ...
Today, we take a deeper look at Beacon Roofing Supply. The stock has sold off recently despite better-than-expected quarterly results due to worries about higher mortgage rates in the housing market. One beneficial owner of the shares sees a buying opportunity, purchasing some $12...
Amid looming fears of a recession and interest rate hikes by by certain central banks globally, FedEx led the gainers, while Herc bore the brunt among industrial stocks. For the week ending June 17, the SPDR S&P 500 Trust ETF (SPY) was in the red (-6.14%) for the seco...
Beacon (NASDAQ:BECN) on Monday announced a $250 accelerated share repurchase program. This deal is in addition to the $125M accelerated share repurchase agreement, which is expected to be settled no later than June-end. "We now expect to complete at least three-quarters of the $500M shar...
Beacon (Nasdaq: BECN) (the “Company”) announced today that it has entered into an accelerated share repurchase agreement (“ASR”) with Citibank N.A to repurchase $250 million of Beacon’s common stock. This ASR is in addition to the $125 million acce...
Beacon (NASDAQ:BECN -0.1%) has acquired Complete Supply, an independent distributor of residential roofing and exterior building supplies to contractors and homebuilders in Willowbrook, Illinois. The acquisition expands company’s presence in Chicago and will allow f...
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Contractors Benefit from New Beacon PRO+ Smart Order Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today an enhanced alliance with EagleView, a leading provider of aerial image...
Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has opened new locations in Athens, Georgia and in Midlothian, Texas. The new branch in Athens, Georgia serves the area’s...
Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2024 will be released after market close on Thursday, August 1, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Ea...