Installed Building Products, Inc. (IBP) CEO Jeff Edwards on Q3 2019 Results - Earnings Call Transcript

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Q3: 2019-11-01 Earnings Summary

EPS of $0.99 beats by $0.11
 | Revenue of $396.45M (13.60% Y/Y) beats by $10.99M

Installed Building Products, Inc. (NYSE:IBP) Q3 2019 Results Earnings Conference Call November 1, 2019 9:00 AM ET

Company Participants

Jason Niswonger - Investor Relations
Jeff Edwards - Chief Executive Officer
Michael Miller - Chief Financial Officer

Conference Call Participants

Michael Wood - Nomura Instinet
Trey Morrish - Evercore ISI
Justin Speer - Zelman & Associates
Mike Bajo - RBC Capital Markets
Phil Ng - Jefferies
Keith Hughes - SunTrust Robinson Humphrey
Trey Grooms - Stephens
Ken Zener - KeyBanc Capital Markets
Matt McCall - Seaport Global Securities

Operator

Greetings, and welcome to the Installed Building Products Fiscal 2019 Third Quarter Investor Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jason Niswonger, senior VP, finance and investor relations. Thank you, sir. You may begin.

Jason Niswonger

Good morning, and welcome to Installed Building Products' third quarter 2019 conference call. Earlier today, we issued a press release on our financial results for the third 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 includes statements with respect to the housing market and industry conditions, our financial and business model; our efforts to manage material inflation; our ability to increase selling prices; the demand for our services and product offering; expansion of our national footprint, products and end markets; 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 rate and ability to improve sales and profitability and expectations for demand for our services and our earnings in 2019.

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