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NCI Building Systems Inc (NCS.N)

NCS.N on New York Stock Exchange

18.90USD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

NCI Building Systems Q4 Adj. Non-Gaap EPS $0.32 Excluding Items
Wednesday, 6 Dec 2017 04:15pm EST 

Dec 6 (Reuters) - Nci Building Systems Inc ::NCI BUILDING SYSTEMS REPORTS FOURTH QUARTER AND 2017 FISCAL YEAR END RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.32 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.25.Q4 SALES $488.7 MILLION VERSUS I/B/E/S VIEW $478.9 MILLION.Q4 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 REVENUE $390 MILLION TO $410 MILLION.- AT QUARTER-END, TOTAL CONSOLIDATED BACKLOG INCREASED TO $545.6 MILLION, UP 5.8% YEAR-OVER-YEAR.- FOR QUARTER, COMPANY ESTIMATED HURRICANES NEGATIVELY IMPACTED SALES BY APPROXIMATELY $16.0 MILLION.- INTERNAL BOOKINGS AND QUOTING ACTIVITY INDICATES A CONTINUATION OF LOW SINGLE DIGIT GROWTH AS COMPARED TO PRIOR YEAR.- OFFICES AND BANKS, EDUCATIONAL AND GOVERNMENTAL END-MARKETS HAVE SHOWN POSITIVE YEAR-OVER-YEAR GROWTH.- IN NCI'S GEOGRAPHIC MARKETS SOUTH ATLANTIC, NEW ENGLAND AND EAST NORTH CENTRAL REGIONS SHOWED STRONGEST GROWTH.- TARGETING AN ADDITIONAL $40 - $50 MILLION IN COST SAVINGS REDUCTIONS AND EFFICIENCIES BY END OF 2020.-SEES Q1 2018 ADJUSTED EBITDA TO BE IN RANGE OF $24 TO $34 MILLION.  Full Article

NCI Building sees negative impact of $7 to $10 mln in Q4 adjusted EBITDA
Wednesday, 18 Oct 2017 08:35am EDT 

Oct 18 (Reuters) - Nci Building Systems Inc :NCI Building Systems announces update to impact from storms.NCI Building Systems Inc - ‍now estimate that Q4 adjusted EBITDA will be negatively impacted by $7 to $10 million as collective result of major storms​.NCI Building Systems - ‍"it is generally expected that orders that are currently postponed or deferred will contribute to 2018 full-year results."​.  Full Article

NCI Building Systems announces new stock repurchase program
Tuesday, 10 Oct 2017 04:15pm EDT 

Oct 10 (Reuters) - NCI Building Systems Inc :NCI Building systems announces new $50 million stock repurchase program.Company expects to finance any repurchases from a combination of cash on hand and cash provided by operating activities​.  Full Article

NCI Building Systems appoints James Metcalf as Chairman of Board
Friday, 29 Sep 2017 12:39pm EDT 

Sept 29 (Reuters) - NCI Building Systems Inc ::NCI Building Systems announces Board succession plan.Announced Norman Chambers, Chairman of Board will step down as Chairman of Board of Directors effective January 1, 2018.​.‍Board of Directors has selected James S. Metcalf to succeed Chambers as Chairman​.  Full Article

NCI Building Systems reports Q3 earnings per share $0.25
Wednesday, 6 Sep 2017 04:15pm EDT 

Sept 6 (Reuters) - NCI Building Systems Inc ::NCI Building Systems reports third quarter 2017 results.Q3 adjusted non-GAAP earnings per share $0.27 excluding items.Q3 earnings per share $0.25.Q3 sales $469.4 million versus I/B/E/S view $495.2 million.Q3 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.Sees Q4 2017 revenue $470 million to $500 million.Sees FY 2017 revenue $1.75 billion to $1.78 billion.NCI Building - co's two cost savings initiatives in manufacturing consolidation and ESG&A to generate $30 to $40 million in cost savings by end of 2018​.NCI Building Systems Inc - total consolidated backlog increased to $580.7 million, up 4.2pct in quarter.NCI Building Systems Inc - ‍expects fiscal 2017 adjusted ebitda to be $162 to $176 million​.NCI Building Systems - ‍downward revisions to Q4, annual revenues and adjusted EBITDA outlook are result of softer market activity seen in Q3​.NCI Building Systems - ‍ during fiscal 2017, 2 ongoing cost savings initiatives anticipated to generate incremental $10 million in realized cost savings​.NCI Building Systems-softer market activity seen in Q3 is expected to continue into Q4, particularly in legacy components segment.  Full Article

NCI Building Systems announces the implementation of senior leadership succession plan
Tuesday, 6 Jun 2017 05:00pm EDT 

June 6 (Reuters) - Nci Building Systems Inc :NCI Building Systems announces the implementation of senior leadership succession plan.Effective July 1, 2017, Donald Riley will become chief executive officer and a member of board of directors.‍Chambers will continue to serve as company's executive chairman​.‍Riley to succeed Norman Chambers​ as CEO.  Full Article

NCI Building Systems says Q2 earnings per share $0.24
Tuesday, 6 Jun 2017 05:00pm EDT 

June 6 (Reuters) - Nci Building Systems Inc : :NCI Building Systems says expected growth of 3-6 percent for low-rise new construction starts industry-wide in fiscal 2017.NCI Building Systems reports second quarter 2017 results.Q2 adjusted non-gaap earnings per share $0.16 excluding items.Q2 earnings per share $0.24.Q2 sales $420.5 million versus I/B/E/S view $409 million.Q2 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $480 million to $505 million.Sees FY 2017 revenue $1.8 billion to $1.86 billion.NCI Building Systems Inc - Expects fiscal 2017 adjusted EBITDA to be in range of $180 to $200 million for year.NCI Building Systems Inc - ‍Total consolidated backlog increased to $552.3 million, up 3.2% in Q2.NCI Building - On-going cost savings initiatives in manufacturing consolidation, ESG&A expected to generate $30-$40 million in cost savings by 2018-end.NCI Building Systems Inc - ‍For Q3 of fiscal 2017, NCI expects revenues to be in range of $480 to $505 million​.Nci building systems inc - For Q3 of fiscal 2017, NCI expects adjusted EBITDA to be in range of $48 - $58 million.Q3 revenue view $492.2 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.81 billion -- Thomson Reuters I/B/E/S.  Full Article

NCI Building Systems reports second quarter 2017 results
Tuesday, 6 Jun 2017 04:18pm EDT 

June 6 (Reuters) - NCI Building Systems Inc ::NCI Building Systems reports second quarter 2017 results ‍​.Q2 adjusted non-GAAP earnings per share $0.16 excluding items; Q2 EPS $0.24.Q2 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.Q2 sales $420.5 million versus i/b/e/s view $409 million.Sees Q3 2017 revenue $480 million to $505 million and FY 2017 revenue $1.8 billion to $1.86 billion.Expects fiscal 2017 adjusted EBITDA to be in range of $180 to $200 million for year.Total consolidated backlog increased to $552.3 million at Q2 end, up 3.2%.On-going cost savings initiatives in manufacturing consolidation, ESG&A expected to generate $30-$40 million in cost savings by 2018-end.For Q3 of fiscal 2017, NCI expects revenues to be in range of $480 to $505 million​.For Q3 of fiscal 2017, NCI expects adjusted EBITDA to be in range of $48 - $58 million​.Q3 revenue view $492.2 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.81 billion -- Thomson Reuters I/B/E/S.  Full Article

NCI Building Systems says is seeking to amend its existing term loan credit agreement
Wednesday, 19 Apr 2017 03:01pm EDT 

April 19 (Reuters) - NCI Building Systems Inc ::Announced that company is seeking to amend its existing term loan credit agreement - SEC filing.Amendment is to extend maturity of company's $144 million of term loans outstanding as of January 29, 2017.Is seeking to amend its existing term loan credit agreement to reprice $144 million of term loans.  Full Article

NCI Building Systems Q1 earnings per share $0.03
Tuesday, 7 Mar 2017 04:15pm EST 

NCI Building Systems Inc : NCI Building Systems Inc qtrly total consolidated backlog increased to $527.1 million, up 10.3% year-over-year . NCI Building Systems reports first quarter 2017 results . Q1 adjusted non-gaap earnings per share $0.05 excluding items . Q1 earnings per share $0.03 . Sees FY 2017 revenue $1.75 billion to $1.85 billion . Q1 sales $391.7 million versus I/B/E/S view $380 million . Q1 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Sees Q2 2017 revenue $400 million to $425 million . NCI Building Systems Inc sees for Q2 of fiscal 2017 gross profit margins to be in range of 22.5% to 24.5% . NCI Building Systems Inc sees for full year fiscal 2017 adjusted EBITDA to be in range of $175.0 to $205.0 million . Q2 revenue view $395.7 million -- Thomson Reuters I/B/E/S .FY 2017 revenue view $1.78 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-NCI Building Systems Announces Pricing Of Secondary Offering

* NCI BUILDING SYSTEMS ANNOUNCES PRICING OF SECONDARY OFFERING BY INVESTMENT FUNDS ASSOCIATED WITH CLAYTON DUBILIER & RICE, LLC