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Benzinga
Benzinga
Business
Triveni Kothapalli

FORGOTTEN HISTORY: Builders firstsource profit tops forecasts despite weak housing market - Caught on Camera

Menoninee,,Wi - usa,-,August,17,,2019:,Builders,Firstsource,Exterior,And

Builders FirstSource (NYSE:BLDR) shares rose Thursday after the company reported better-than-expected third-quarter results that topped Wall Street estimates, but the stock has since given up its earlier gains.

The company posted quarterly adjusted earnings of $1.88 per share, exceeding Wall Street expectations of $1.64, though down 38.8% from a year earlier.

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