IBP Q3 2022 revenue up 41.1% to $719.1M; adjusted EPS $2.51, up 68.5%

Installed Building Products, Inc.

2022-Q3 EPS reported $5.33 revenue$1,983,355,000

Net income rose 74.8% to $61.0M; diluted EPS $2.13 vs $1.18 a year ago.
Adjusted EBITDA record $120.2M, up 53.8%; price/mix growth a record 27.1%.
Board declared $0.315 quarterly dividend, payable Dec 31, 2022 to holders of record Dec 15.
Year-to-date acquired $73M annual revenue; full-year target at least $100M.
Returned $166M to shareholders in first nine months via dividends and buybacks.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Installed Building Products, Inc. reported financial results for the three and nine months ended September 30, 2022.

Period: the three and nine months ended September 30, 2022
Result: reported results

Exact text from the filing

On November 3, 2022, Installed Building Products, Inc. (the “Company”) issued a press release reporting the financial results for the three and nine months ended September 30, 2022. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

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Installed Building Products, Inc. filing history →

Source: SEC EDGAR

accession 0001580905-22-000034

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