Homebuilding ETFs have been outperforming the broader market this year; can the surge continue as the key selling season heats up.
Acuity Brands, Inc. (AYI) reported second-quarter fiscal 2017 adjusted earnings of $1.65 per share, missing the Zacks Consensus Estimate of $1.70 by 2.9%.
In February, new home sales surged to a seven-month high, indicating the gradual housing market recovery on strong demand.
EnerSys (ENS) recently announced that it has secured a contract from United States Defense Logistics Agency ("DLA") to supply them with proprietary Thin Plate Pure Lead ("TPPL") Hawker ARMASAFE Plus batteries.
Chicago Bridge & Iron Company N.V. (CBI) recently announced that it has secured a contract worth $460 million from NefteGazIndustriya, LLC, through project developer China National Chemical Engineering Co.
Chicago Bridge & Iron (CBI) missed estimates dismally in its fourth-quarter 2016 results, with revenues plunging year over year.
EMCOR (EME) fourth-quarter earnings missed estimates, despite strong revenue growth.
KB Home (KBH) reported impressive fourth-quarter fiscal 2016 earnings of 40 cents per share that surpassed the Zacks Consensus Estimate of 37 cents by 8.1%.
Acuity Brands, Inc. (AYI) reported first-quarter fiscal 2017 adjusted earnings of $1.88 per share (including stock option expenses), missing the Zacks Consensus Estimate of $2.06 by 8.7%.
The home construction jumped to a more than nine-year high in October that has spread optimism into the home builder space.
Jacobs Engineering Group Inc. (JEC) is steadily boosting its organic growth trajectory on several meaningful contract wins.
Interest rate worries are weighing on home builders across the board. Can they turn things around this earnings season?
Century Communities, Inc. (CCS) saw its shares rise above 6% in the last trading session.
Louisiana-Pacific Corporation (LPX) reported adjusted earnings per share of 32 cents in the third quarter of 2016, missing the Zacks Consensus Estimate of 39 cents by 17.95%.
Jacobs Engineering Group Inc. (JEC) declared that it has been selected as a member of the prestigious Fulton Hogan Seymour Whyte Joint Venture (FHSW JV) by the Department of Transport and Main Roads of Queensland.
KB Home (KBH) should not be considered as it holds an unfavorable Zacks Rank and it has seen negative earnings estimate revisions.
Chicago Bridge & Iron (CBI) third-quarter earnings and revenues beat estimates.
Premium steel and iron company, Gibraltar Industries, Inc. (ROCK) reported mixed third-quarter 2016 results.
EMCOR (EME) third-quarter earnings and revenues beat estimates significantly, while also raising 2016 guidance.