BlueLinx Announces Fourth Quarter and Full Year 2020 Results
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Bluelinx Holdings (BXC) Tops Q4 EPS by $1.38, Revenues Beat
March 3, 2021 4:19 PM ESTBluelinx Holdings (NYSE: BXC) reported Q4 EPS of $2.04, $1.38 better than the analyst estimate of $0.66. Revenue for the quarter came in at $865 million versus the consensus estimate of $788.6 million.
Fourth Quarter 2020 Results (all comparisons versus the prior-year period unless otherwise noted)
Net sales increased $252 million, or 41%, to $865 millionGross margin 14.4%, an increase of 90 basis pointsNet income of $20 million was $30 million higher than prior periodAdjusted EBITDA was $39 million, compared to $11 millionExcess availability and cash on hand $184 million, an increase of $104 millionThe fourth quarter was a fantastic conclusion to a... More
