Builders FirstSource, Inc. · BLDR · FY2026 Q3 · Calendar Q4 2026

Builders FirstSource Maintains Guidance as Cost Actions and Technology Advance

The quarter supports a measured operating-improvement thesis: Builders FirstSource is maintaining guidance and pursuing savings, share gains, acquisitions and technology-led productivity despite a difficult housing backdrop. The evidence is constructive, but the case remains dependent on demand, margins and leverage.

Reported Before market openNYSEBasic Materials $6.79B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.51 Consensus $1.06
EPS surprise +42.5% Reported versus consensus
Reported revenue $3.85B Consensus $3.75B
Revenue surprise +2.7% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +12.8% Event window
SPY move -0.4% Same window
Abnormal move +13.2% Stock minus SPY
Volume 2.3× Versus trailing sessions
Subsequent drift 0.0% Up to 20 sessions
BLDRSPY benchmark

Ask FN2 about BLDR FY2026 Q3

Transcript, numbers and history already loaded
Why did BLDR rise 12.8% after beating EPS estimates in FY2026 Q3?What changed in BLDR's guidance and outlook in FY2026 Q3?Give me the bull and bear case for BLDR after FY2026 Q3 earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Compared with the prior quarter, guidance sentiment improved from lowered to maintained. The cost-action target increased to $140 million, while management added emphasis on ICG and Gleckler acquisitions, Digs and Scaffold, and a sales app that reduced order placement time by up to 90%.

Guidance delta

Management maintained full-year net sales and adjusted EBITDA guidance, following the prior quarter's guidance reduction.

Key takeaways

  • Q3 results met expectations despite soft single-family starts and higher mortgage rates.
  • Management highlighted $23 million in productivity savings and a $140 million cost-action target.
  • ICG and Gleckler acquisitions, plus investments in Digs and Scaffold, support the value-added and technology strategy.

Management priorities

  • Execute the $140 million cost-action program and productivity improvements.
  • Use acquisitions to expand value-added products, geographic reach and product breadth.
  • Deploy technology including Digs, Scaffold and a new sales app to improve productivity and customer service.

Follow BLDR with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
BLDR EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 2 future estimate-only quarters. Q4 '23 estimate $2.54 Q4 '23 actual $3.55, beat Q1 '24 estimate $2.30 Q1 '24 actual $2.65, beat Q2 '24 estimate $3.02 Q2 '24 actual $3.50, beat Q3 '24 estimate $2.98 Q3 '24 actual $3.07, beat Q2 '25 estimate $2.35 Q2 '25 actual $2.38, beat Q3 '25 estimate $1.75 Q3 '25 actual $1.88, beat Q4 '25 estimate $1.30 Q4 '25 actual $1.12, miss Q1 '26 estimate $0.39 Q1 '26 actual $0.27, miss Q2 '26 estimate $1.25 Q2 '26 actual $1.17, miss Q3 '26 estimate $1.06 Q3 '26 actual $1.51, beat Q4 '26 estimate $1.01 Q1 '27 estimate $0.69
Show less

Analyst Consensus ?

ConsensusHold44 ratings
Bullish2147.7%
Neutral2250.0%
Bearish12.3%

Analyst 52W Price Targets

$63.06Current
$55Low
$98.74Average
$220High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 30, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Stifel Hold HoldMaintainOct 26, 2026
Loop Capital Hold BuyDowngradeOct 26, 2026
William Blair Market Perform OutperformDowngradeOct 22, 2026
Wells Fargo Equal Weight Equal WeightMaintainOct 16, 2026
Oppenheimer Outperform OutperformMaintainOct 16, 2026
Show 39 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $63.06. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Stifel NicolausAnalyst unavailable$55$56.85 -12.8%Oct 26, 2026
Loop Capital MarketsJeffrey Stevenson$62$56.85 -1.7%Oct 26, 2026
OppenheimerTyler Batory$78$53.68 +23.7%Oct 16, 2026
Wells FargoSam Reid$55$53.68 -12.8%Oct 16, 2026
Truist FinancialKeuth Hughes$70$53.55 +11.0%Oct 8, 2026
See 64 more

Track every rating change on BLDR the moment it posts. Free to start.

Start free

Company context

Snapshot as of publication

Builders FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The company was founded by Kevin P. O'Meara, Donald F. McAleenan and John D. Roach in March 1998 and is headquartered in Irving, TX.

Historical context

All BLDR earnings
-2.6%FY2026 Q2 · Calendar Q3 2026-5.1%FY2026 Q1 · Calendar Q2 2026-3.1%FY2025 Q3 · Calendar Q4 2025

Basic Materials peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
AMRZ Amrize AG FY2026 Q3 · Calendar Q4 2026 -1.0% +3.9% Amrize: Pricing and M&A offset volume and cost pressures
AGI Alamos Gold Inc. FY2026 Q3 · Calendar Q4 2026 0.0% -9.0% Alamos Gold Reports Record Island Gold Output as Shaft Timing Slips
VMC Vulcan Materials Company FY2026 Q3 · Calendar Q4 2026 — +5.8% Vulcan pairs 5% EBITDA growth with acquisitions and pricing
AEM Agnico Eagle Mines Limited FY2026 Q3 · Calendar Q4 2026 +5.7% -3.9% Agnico Eagle Maintains Guidance as Growth Investment Accelerates

Latest beats and misses

Who reports next

Beat on EPS

Missed on EPS

Get the BLDR recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-10-29T18:05:10.029206+00:00
  2. FN2 earnings calendar · 2026-10-30T01:23:13.979536+00:00
  3. Polygon adjusted daily market bars · 2026-10-30T04:10:42.763632+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-30T04:10:42.760978+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-30. For educational purposes only; not investment advice.