secwatch.observer — SEC 8-K summary
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Issuer:     Installed Building Products, Inc. (IBP)
CIK:        0001580905
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001580905-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.82
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBP reports record Q3 revenue $760.6M (+7.7% YoY), EPS $2.44; dividend raised 6%
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- Record net revenue $760.6M, up 7.7% YoY; net income $68.6M (+0.9%), diluted EPS $2.44.
- Adjusted EBITDA $132.3M (+1.4%); adjusted net income $80.1M ($2.85/diluted share).
- Same-branch revenue up 5.2%, with residential +5% and commercial +6.1%.
- Board declared Q4 dividend $0.35/share (+6% YoY), payable Dec 31 to holders of record Dec 15.
- Closed two acquisitions in July and Oct 2024: Euroview (~$20M rev) and Insulation Supplies (>$22M rev).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580905/000158090524000049/0001580905-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580905/000158090524000049/ibp-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001580905-24-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer