Installed Building Products, Inc. (IBP) CEO Jeff Edwards on Q1 2021 Results - Earnings Call Transcript

Installed Building Products, Inc. (NYSE:IBP) Q1 2021 Earnings Conference Call May 7, 2021 10:00 AM ET

Company Participants

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

Conference Call Participants

Ken Zener – KeyBanc
Stephen Kim – Evercore ISI
Susan Maklari – Goldman Sachs
Elad Hillman – J.P. Morgan
Phil Ng – Jefferies
Mike Dahl – RBC
Keith Hughes – Truist
Noah Merkousko – Stephens
Justin Speer – Zelman & Associates

Operator

Greetings. Welcome to Installed Building Products' Fiscal 2021 First Quarter Financial Results Conference Call. [Operator Instructions] At this time, I’ll turn the conference over to Jason Niswonger, Senior Vice President, Finance and Investor Relations. Jason, you may now begin.

Jason Niswonger

Good morning, and welcome to Installed Building Products' First Quarter 2021 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 law. These forward-looking statements include statements with respect to the housing market and the commercial market, industry conditions and trends, our financial and business model, payment of a quarterly cash dividend, labor trends, our efforts to manage material inflation, supply chain constraints, our ability to increase selling prices, the demand for our services and product offerings, the impact of the COVID-19 crisis on our business and end-markets, expansion of our national footprint products and end-market, our expectations for our end-markets including our large commercial business and multifamily business, our ability to strengthen our market position, our ability to pursue and integrate value-enhancing acquisitions and the expected amount of acquired revenue, our diversification efforts, our growth rates and ability to improve sales and profitability, the impact of the COVID-19 crisis on our financial results, and expectations