Is BLDR stock going up before upcoming earnings? Let's turn to history for clues

1 August 2024, 11:45 AM

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By Dmitry Pargamanik

BLDR Shares Could Increase Ahead of Earnings

  • 11 out of the last 12 times, BLDR stock had a run up before earnings
  • Pre-Earnings Run Up Averaged 1.7% 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 $160.87, BLDR post earnings drift is -1.1%. 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 1 day run up into earnings is notable as it shows that the stock increased 92% of the time for an average gain of 1.7%.

BLDR historical stock price movement before earnings

Go to BLDR Historical Price Movements Around Earnings page



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