-- Builders FirstSource (BLDR) shares were down 0.6% in early trading Thursday after the company reported lower Q1 adjusted earnings and net sales, and reduced its 2026 net sales guidance.
The company reported Q1 adjusted earnings Thursday of $0.27 per diluted share, down from $1.51 a year earlier.
Analysts polled by FactSet expected $0.38.
Net sales for the quarter ended March 31 were $3.29 billion, compared with $3.66 billion a year earlier.
Analysts polled by FactSet expected $3.17 billion.
The company said it now expects 2026 net sales of $14.6 billion to $15.6 billion, compared with $14.8 billion to $15.8 billion previously. Analysts polled by FactSet expect $14.91 billion.
Price: $82.90, Change: $-0.46, Percent Change: -0.55%