Beacon meets market outlook

Investor's Business Daily

Beacon Roofing (BECN), which distributes roofing materials via its 224 branches, said Q4 EPS rose 6.6% to 60 cents, meeting analysts' views. Revenue grew 3.3% to $598 mil, slightly under consensus of $599.6 mil. Sales at stores open at least a year fell 5.6%, with commercial roofing activity down 10.5%. Shares fell 0.8% to 31.01.

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