June 6, 2017 / 9:22 PM / 6 months ago

BRIEF-NCI Building Systems reports second quarter 2017 results

June 6 (Reuters) - NCI Building Systems Inc:

* NCI Building Systems reports second quarter 2017 results ‍​

* Q2 adjusted non-GAAP earnings per share $0.16 excluding items; Q2 EPS $0.24

* Q2 earnings per share view $0.12 -- Thomson Reuters I/B/E/S

* Q2 sales $420.5 million versus i/b/e/s view $409 million

* Sees Q3 2017 revenue $480 million to $505 million and FY 2017 revenue $1.8 billion to $1.86 billion

* Expects fiscal 2017 adjusted EBITDA to be in range of $180 to $200 million for year

* Total consolidated backlog increased to $552.3 million at Q2 end, up 3.2%

* On-going cost savings initiatives in manufacturing consolidation, ESG&A expected to generate $30-$40 million in cost savings by 2018-end

* For Q3 of fiscal 2017, NCI expects revenues to be in range of $480 to $505 million​

* For Q3 of fiscal 2017, NCI expects adjusted EBITDA to be in range of $48 - $58 million​

* Q3 revenue view $492.2 million -- Thomson Reuters I/B/E/S

* FY2017 revenue view $1.81 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below