Key Developments: Beacon Roofing Supply Inc (BECN.O)
40.66USD
23 May 2013
$0.35 (+0.87%)
$40.31
$39.75
$40.79
$39.58
377,235
403,853
$41.17
$22.55
Latest Key Developments (Source: Significant Developments)
Beacon Roofing Supply Inc Lowers FY 2013 EPS Guidance-Conference Call
Beacon Roofing Supply Inc announced that for fiscal 2013, it now forecasts earnings per share (EPS) in the range of $1.75 to $1.85. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.85 for fiscal 2013. Full Article
Beacon Roofing Supply Inc Updates On FY 2013 EPS Guidance-Conference Call
Beacon Roofing Supply Inc announced that for fiscal 2013, it expects earnings per share (EPS) to be in the range of $1.79 to $1.98. . According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.85 for fiscal 2013. Full Article
Beacon Roofing Supply Inc Appoints Joseph M. Nowicki as Chief Financial Officer
Beacon Roofing Supply Inc announced that Joseph M. Nowicki has accepted the position of Executive Vice President, Chief Financial Officer and Treasurer of Beacon effective March 25, 2013. Full Article
Beacon Roofing Supply Inc Issues FY 2013 EPS Guidance Below Analysts' Estimates-Conference Call
Beacon Roofing Supply Inc announced that for fiscal 2013, it expects EPS of $1.81. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.85 for fiscal 2013. Full Article
Beacon Roofing Supply Inc Appoints Rick Welker As Acting Chief Financial Officer
Beacon Roofing Supply Inc announced the appointment of Rick Welker, Vice President and Chief Accounting Officer, as Acting Chief Financial Officer (CFO) effective January 1, 2013. The Company`s former CFO, David Grace, retired on December 31, 2012, as previously reported. A nationally recognized executive recruiting firm is conducting a search for Mr. Grace`s successor. Full Article
Beacon Roofing Supply Inc Enters Northern California With Acquisitions Of Ford Wholesale Co. Of San Jose And Construction Materials Supply
Beacon Roofing Supply Inc announced that it has acquired Ford Wholesale Co. of San Jose (Ford Wholesale), a distributor of residential and commercial roofing and related accessories with three locations in Northern California, and Construction Materials Supply (CMS), a distributor of mostly residential roofing products with two locations in Northern California. Terms of the transaction were not disclosed. Full Article
Beacon Roofing Supply Inc Completes McClure-Johnston Acquisition
Beacon Roofing Supply Inc announced the completion of its previously announced acquisition of McClure-Johnston Company (McClure-Johnston), a distributor of residential and commercial roofing products and related accessories headquartered in the Pittsburgh suburb of Braddock, Pa. McClure-Johnston has 14 locations with eight in Pennsylvania, three in West Virginia, one in Western Maryland and two in Georgia. Full Article
Beacon Roofing Supply Inc. Acquires St. Louis-Based Contractors Roofing & Supply Co.
Beacon Roofing Supply Inc. announced that it has acquired Contractors Roofing & Supply Co. (CRS), a distributor of residential roofing products and related accessories with one location in the St. Louis suburb of O’Fallon, MO and annual sales of approximately $14 million. Terms of the transaction were not disclosed. Full Article
Beacon Roofing Supply Inc. Acquires Southern California-Based Structural Materials Co.
Beacon Roofing Supply Inc. announced that it has acquired Structural Materials, Co. (Structural), a distributor of residential and commercial roofing products and related accessories headquartered in Santa Ana, CA. Founded in 1948, Structural has six locations in Los Angeles and Orange Counties and in the surrounding areas, with total annual sales of approximately $81 million in 2011. Terms of the transaction were not disclosed. Full Article
Beacon Roofing Supply Inc. Announces Retirement Of David Grace As Chief Financial Officer
Beacon Roofing Supply Inc. announced that its Executive Vice President and Chief Financial Officer, David R. Grace, will retire effective January 1, 2013 for health reasons. A nationally recognized executive recruiting firm is conducting a search for his successor. Mr. Grace will remain in his current role until a new CFO is named and has also agreed to devote as much time as necessary to ensure a seamless transition. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
