Oct. 26 at 6:50 PM
$BXC Upcoming Earnings Alert for 10/29/2024
Consensus Signal: Neutral (5.0)
In recent assessments of BlueLinx Holdings Inc.
(NYSE: BXC), there has been a mixed sentiment surrounding the company's performance and outlook.
While the company has demonstrated a commendable compound annual growth rate (CAGR) of 27% for shareholders over the past five years, indicating strong historical performance, there are underlying concerns regarding market volatility and potential challenges ahead.
With the upcoming release of the third-quarter results on October 30, 2024, investors are particularly attentive to how these financials will align with expectations, especially in the context of broader economic conditions that could affect the building products industry.
Analysts remain cautiously optimistic, weighing both the positive growth trajectory against the uncertainties that could impact future performance.
Regarding the upcoming earnings, BlueLinx Holdings is set to release its third-quarter 2024 financial results after the market closes on October 29, 2024.
A conference call will follow on October 30, 2024, at 10:00 AM ET, where the President and CEO, Shyam Reddy, along with CFO Andy Wamser, will discuss the results in detail.
This event is crucial for investors looking for insights into the company's strategic direction and performance metrics.
The anticipation around these results highlights the importance of the financial disclosures in shaping market perceptions and driving future stock performance.
Total number of articles: 2
Unique sources: 2
- Funds were net sellers of
$BXC during the previous reporting quarter.
- Top 4 funds with large holdings in
$BXC:
* Voss Capital LLC
$33MM (Market Value). CGMFundScore: 96%
* Meros Investment Management
$4MM (Market Value). Newly initiated position. CGMFundScore: 55%
* Maverick Capital LTD
$2MM (Market Value). Newly initiated position. CGMFundScore: 64%
* D. E. Shaw & Co
$2MM (Market Value). Newly initiated position. CGMFundScore: 82%
- Last 10 days performance: -4%
- Last 30 days performance: 1%
- Last 90 days performance: -17%
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