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IBP
StockNews.AI
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Installed Building Products Reports Record Fourth Quarter 2024 Results

1. IBP reported Q4 2024 net revenue of $750.2 million, up 4.1%. 2. Installation revenue reached $695.0 million, marking growth across all sectors.

Earnings
-0.93%Current Return
VS
-1.23%S&P 500
$17202/27 08:06 AM EDTEvent Start
$170.402/28 02:41 PM EDTLatest Updated
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FAQ

Why Bullish?

IBP's revenue growth may lead to increased investor confidence, similar to past successful quarters. Historically, sustained revenue increases have positively impacted stock prices in the construction sector.

How important is it?

The article details significant financial performance, which typically influences share prices directly. The data reinforces IBP's growth trajectory, making it highly relevant for market participants.

Why Short Term?

Quarterly earnings reports can result in immediate market reactions, as seen with IBP's previous announcements. Positive results often lead to short-term price rallies.

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MASBXCGVA
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights (Comparisons are to Prior Year Period) Net revenue increased 4.1% to a fourth quarter record of $750.2 million Installation revenue increased 3.8% to $695.0 million, as growth across all end mar.

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