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TopBuild Corp (BLD.N)

BLD.N on New York Stock Exchange

77.35USD
11:09am EDT
Change (% chg)

$-1.93 (-2.43%)
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Latest Key Developments (Source: Significant Developments)

Topbuild Corp Says Company Is Reaffirming Its 2018 Annual Guidance - SEC Filing
Monday, 9 Apr 2018 08:54am EDT 

April 9 (Reuters) - TopBuild Corp ::TOPBUILD CORP SAYS COMPANY IS REAFFIRMING ITS 2018 ANNUAL GUIDANCE - SEC FILING.FY2018 REVENUE VIEW $2.10 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Topbuild Announces Senior Notes Offering In Connection With Its Previously Announced Acquisition Of Usi
Monday, 9 Apr 2018 07:19am EDT 

April 9 (Reuters) - TopBuild Corp ::TOPBUILD ANNOUNCES SENIOR NOTES OFFERING IN CONNECTION WITH ITS PREVIOUSLY ANNOUNCED ACQUISITION OF USI.PRIVATE OFFERING OF $375.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026 TO QUALIFIED INSTITUTIONAL BUYERS.  Full Article

Topbuild- Deal Agreement With Legend Holdings Provides If Deal Terminted, Co To Pay Legend A Fee Of $25 Million
Friday, 2 Mar 2018 06:24am EST 

March 2 (Reuters) - Topbuild Corp ::TOPBUILD- DEAL AGREEMENT WITH LEGEND HOLDINGS PROVIDES IF DEAL TERMINTED, UNDER SOME CONDITIONS, CO TO PAY LEGEND A FEE OF $25 MILLION - SEC FILING‍​.  Full Article

Topbuild To Acquire USI In All-Cash Transaction Valued At $475 Million
Friday, 2 Mar 2018 06:00am EST 

March 2 (Reuters) - Topbuild Corp ::TOPBUILD TO ACQUIRE USI IN ALL-CASH TRANSACTION VALUED AT $475 MILLION.TOPBUILD TO ACQUIRE USI IN ALL-CASH TRANSACTION VALUED AT $475 MILLION.TOPBUILD CORP - ‍EXPECTED TO BE ACCRETIVE TO GAAP EPS IN 12-MONTH PERIOD AFTER CLOSE​.TOPBUILD CORP - ‍ANTICIPATE $15M OF RUN-RATE COST SYNERGIES FROM DEAL​.TOPBUILD CORP - PLANS TO FUND THIS TRANSACTION USING PROCEEDS FROM A $350 MILLION BOND ISSUANCE.TOPBUILD CORP - ‍ EXPECTED TO ENHANCE PRO FORMA EBITDA MARGIN AND FREE CASH FLOW PROFILE​.TOPBUILD - ALSO PLANS TO FUND DEAL USING PROCEEDS FROM $100 MILLION FROM A DELAYED DRAW TERM LOAN COMMITMENT.TOPBUILD CORP - ‍ AGREEMENT TO ACQUIRE UNITED SUBCONTRACTORS HAS BEEN APPROVED BY TOPBUILD'S BOARD​.  Full Article

TopBuild To Acquire USI In All-Cash Transaction Valued At $475 Million
Friday, 2 Mar 2018 06:00am EST 

March 2 (Reuters) - TopBuild Corp :​:TOPBUILD TO ACQUIRE USI IN ALL-CASH TRANSACTION VALUED AT $475 MILLION.TOPBUILD CORP - DEAL ‍EXPECTED TO BE ACCRETIVE TO GAAP EPS IN 12-MONTH PERIOD AFTER CLOSE​.TOPBUILD CORP - ‍ANTICIPATE $15M OF RUN-RATE COST SYNERGIES FROM DEAL.TOPBUILD CORP - ‍DEAL EXPECTED TO ENHANCE PRO FORMA EBITDA MARGIN AND FREE CASH FLOW PROFILE ​.TOPBUILD CORP - PLANS TO FUND THIS TRANSACTION USING PROCEEDS FROM A $350 MILLION BOND ISSUANCE.TOPBUILD - ALSO PLANS TO FUND DEAL USING PROCEEDS FROM $100 MILLION FROM A DELAYED DRAW TERM LOAN COMMITMENT.TOPBUILD CORP - ‍ AGREEMENT TO ACQUIRE UNITED SUBCONTRACTORS HAS BEEN APPROVED BY TOPBUILD'S BOARD​.  Full Article

TopBuild Reports Q4 Adjusted Earnings $0.84/Share From Continuing Operations
Tuesday, 27 Feb 2018 06:45am EST 

Feb 27 (Reuters) - TopBuild Corp ::TOPBUILD REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.84 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE $2.93 FROM CONTINUING OPERATIONS.Q4 SALES ROSE 12.9 PERCENT TO $501.4 MILLION.IN QUARTER, 1-TIME BENEFIT OF $74.1 MILLION FROM ADJUSTMENT OF CO'S DEFERRED ASSETS AND LIABILITIES WAS TAKEN TO REFLECT CHANGE IN TAX RATE.SEES 2018 ‍REVENUE OF $2,050 MILLION -$2,115 MILLION​.SEES 2018 ‍ADJUSTED EBITDA​ BETWEEN $222 MILLION TO $242 MILLION.Q4 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $492.7 MILLION -- THOMSON REUTERS I/B/E/S.‍"OPTIMISTIC HOUSING RECOVERY WILL CONTINUE TO STRENGTHEN"​.‍"HOUSING SUPPLY IS TIGHT, DEMAND IS STRONG AND HOUSEHOLD FORMATIONS ARE INCREASING"​.FY2018 REVENUE VIEW $2.09 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

TopBuild Acquires ADO Products
Wednesday, 10 Jan 2018 04:30pm EST 

Jan 10 (Reuters) - TopBuild Corp ::TOPBUILD ACQUIRES ADO PRODUCTS.TOPBUILD CORP - HAS ACQUIRED ADO PRODUCTS, LLC, A DISTRIBUTOR OF INSULATION ACCESSORIES.  Full Article

Topbuild reports Q3 adjusted earnings per share $0.83 from continuing operations
Tuesday, 7 Nov 2017 06:45am EST 

Nov 7 (Reuters) - TopBuild Corp :TopBuild reports third quarter 2017 results.Q3 adjusted earnings per share $0.83 from continuing operations.Q3 earnings per share $0.88 from continuing operations.Q3 sales $489 million versus I/B/E/S view $491.6 million.Q3 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.TopBuild Corp sees 2017 adjusted EBITDA $190 million to $195 million​.TopBuild Corp - Sees FY 2017 revenue $1,890 million to $1,905 mln‍​.FY2017 revenue view $1.90 billion -- Thomson Reuters I/B/E/S.  Full Article

Topbuild posts Q2 adj. earnings $0.67/shr from continuing operations
Tuesday, 8 Aug 2017 06:45am EDT 

Aug 8 (Reuters) - Topbuild Corp :Topbuild reports strong second quarter 2017 results.Q2 adjusted earnings per share $0.67 from continuing operations.Q2 earnings per share $0.63 from continuing operations.Q2 sales $474.5 million versus I/B/E/S view $478.1 million.Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.Topbuild Corp - ‍remaining $20 million share repurchase balance is expected to settle no later than end of Q1 of 2018​.  Full Article

TopBuild acquires Canyon Insulation
Friday, 9 Jun 2017 07:00am EDT 

June 9 (Reuters) - TopBuild Corp -:TopBuild acquires Canyon Insulation.TopBuild Corp - ‍acquired Canyon Insulation, a heavy commercial insulation and firestopping company​.  Full Article

BRIEF-TopBuild Receives Early Termination Of Hart-Scott-Rodino Waiting Period For USI Acquisition

* TOPBUILD RECEIVES EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD FOR USI ACQUISITION