Could BLDR shares go up before upcoming earnings? Here's what history can tell us

31 July 2024, 1:19 PM

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By Dmitry Pargamanik

BLDR Shares Could Increase Ahead of Earnings

  • 10 out of the last 12 times, BLDR stock had a run up before earnings
  • Pre-Earnings Run Up Averaged 2.6% Gains
BLDR is scheduled to report earnings on 6-Aug-2024. The last time Builders Firstsource reported earnings on May 07, 2024, the stock dropped by -19.0% to close at $162.62. At its current price of $170.54, BLDR post earnings drift is +4.9%. Typically, traders tended to bid up BLDR shares (heading into earnings) prior to its scheduled release.

BLDR Historical Pre-Earnings Run Up

As you can see from the table below, the data displays the percentage moves BLDR had for the last 12 quarters around earnings. The 2 day run up into earnings is notable as it shows that the stock increased 83% of the time for an average gain of 2.6%.

BLDR historical stock price movement before earnings

Go to BLDR Historical Price Movements Around Earnings page



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