Installed Building Products, Inc. (IBP) CEO Jeff Edwards on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-05-02 Earnings Summary

EPS of $0.51 misses by $0.00
 | Revenue of $342.14M (13.39% Y/Y) beats by $8.27M

Installed Building Products, Inc. (NYSE:IBP) Q1 2019 Earnings Conference Call May 2, 2019 10:00 AM ET

Company Participants

Jason Niswonger - Senior Vice President, Finance & Investor Relations
Jeff Edwards - Chairman & Chief Executive Officer
Michael Miller - Chief Financial Officer

Conference Call Participants

Nishu Sood - Deutsche Bank
Trey Morris - Evercore
Mike Eisen - RBC Capital Markets
Phil Ng - Jefferies
Josh Aycox - SunTrust Robinson Humphrey
Trey Grooms - Stephens Inc.
Matt McCall - Seaport Global Securities
Just Speer - Zelman & Associates

Operator

Greetings, and welcome to the Installed Building Products Fiscal 2019 First Quarter Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Jason Niswonger. Please go ahead.

Jason Niswonger

Good morning and welcome to Installed Building Products first quarter 2019 conference call. Earlier today, we issued a press release on our financial results for the first quarter, which can be found in the Investor Relations section on our website. On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include statements with respect to the housing market; residential and commercial industry condition; our financial and business model; our efforts to manage material insulation; our ability to increase selling prices; the demand for our services and product offering; expansion of our national footprint; products and end market; our expectations for our end markets; our ability to strengthen our market position; our ability to pursue and integrate value-enhancing acquisitions; our diversification efforts; Alpha's revenue and profitability; expansion of our commercial business; our growth rates and ability to improve sales and profitability; and expectations for demand for our services; and our earnings in 2019.

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