CSIMarket Company Name, Ticker, Industry, else..


Bluelinx Holdings Inc   (BXC)
Other Ticker:  
 


 

Bluelinx Holdings Inc

BXC's Financial Statements and Analysis



Bluelinx Holdings Inc reported in the second quarter of 2024 net earnings per share of $1.65 a decrease by -38.89 % year on year from $2.70 and decline of -17.5 % from $2.00 earned in I. Quarter (Mar 30 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 1.65 $  767 Mill
$-1.05     -38.89 % $-48M     -5.93 %



Bluelinx Holdings Inc 's Revenue fell by -5.93 % in second quarter of 2024 (Jun 29 2024) year on year, to $767 million and advanced by 5.76 % sequentially.


Bluelinx Holdings Inc is

More on BXC's Income Statement



Bluelinx Holdings Inc 's net income of $14.336 million in the second quarter of 2024 decreased by -41.4 % from net earnings of $24.466 million achieved in II. Quarter a year ago.

Sequentially net earnings fell by -18.04 % from net income of $17.492 million realized in previous quarter.

More on BXC's Growth

Bluelinx Holdings Inc Inventories
Inventories declined by -5.73 % to $357.57 million from II. Quarter a year ago, sequentially inventories fell by -3.6 %. BXC's Cash flow In the second quarter of 2024 company's net cash flow was $10 million

More on BXC's Cash flow Statement


Bluelinx Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Bluelinx Holdings Inc earned $ 35.79 cash per share, on a free-cash flow basis 830.37 % of net earning per share.

Book value grew by 0.52 % sequentially to $75.08 per share, 147.41% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 65.39 per share from $ 64.95.

Company repurchased 0.06 million shares or 0.66 % in Jun 29 2024.
Interest Coverage Ratio was 4.52. Debt Coverage Ratio was 0.3.

• More on BXC's Dividends

 Market Capitalization (Millions) 923
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 294
 Revenue (TTM) (Millions $) 3,016
 Net Income (TTM) (Millions $) 38
 Cash Flow (TTM) (Millions $) 192
 Capital Exp. (TTM) (Millions $) -39
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,000




Bluelinx Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Bluelinx Holdings Inc had $ 35.79 cash flow per share, on a free-cash flow basis 830.37 % of net earning per share.

Book value grew by 0.52 % sequentially to $75.08 per share, 147.41% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 65.39 per share from $ 64.95.

Company repurchased 0.06 million shares or 0.66 % in Jun 29 2024.
Interest Coverage Ratio was 4.52. Debt Coverage Ratio was 0.3.

• More on BXC's Balance Sheets

 Market Capitalization (Millions) 923
 Shares Outstanding (Millions) 9
 Total Debt (Millions $) 294
 Revenue (TTM) (Millions $) 3,016
 Net Income (TTM) (Millions $) 38
 Cash Flow (TTM) (Millions $) 192
 Capital Exp. (TTM) (Millions $) -39
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,000
   


  News about Bluelinx Holdings Inc Earnings

Bluelinx Holdings Inc Faces Revenue Decline Despite Recent Stock Gains Amidst Tough Financial Realities


Bluelinx Holdings Inc: A Week of Gains Amid Challenging Financial Performance
In recent trading activity, Bluelinx Holdings Inc (NYSE: BXC) has recorded a solid gain of 10% over the past week, while its broader sector peers also experienced positive momentum, with BXC shares improving by 11.37%. This surge is particularly noteworthy as Bluelinx Holdings shares are currently trading 0.2% above their 52-week average, providing a glimmer of optimism for investors despite the company's recent financial hurdles.


Recent Financial Performance
Bluelinx Holdings' financial results for the second quarter of 2024 highlight critical challenges that the company has faced. The company's net pr...

Bluelinx Holdings Inc Reports Decrease in Revenue of 9.01% for Q1 2024

Bluelinx Holdings Inc, a leading U.S. wholesale distributor of building products, has seen a significant improvement in its stock performance over the past three months. The stock has increased by 1.74% during this period, while its competitor BXC's stock has dropped by -12.3% in April 2024. Currently, Bluelinx Holdings Inc stock is trading on the NYSE and is 16.4% above its 52-week average.
In analyzing BXC's fiscal first quarter of 2024, the company experienced mixed results. Its earnings per share improved by 3.09% to $2.00, but its revenue decreased by -9.01% to $725.68 million compared to the previous year. Additionally, net earnings fell by -1.8% to $17.492 million. Despite these numbers, BXC's net...

Bluelinx Holdings Inc. Faces Financial Shortfall in Fourth Quarter of 2023

Investors Beware: Bluelinx Holdings Inc. Reports Financial Shortfall in Fourth Quarter of 2023
For investors closely watching Bluelinx Holdings Inc. (NYSE: BXC), the latest financial report for the fourth quarter of 2023 may come as a disappointment. The company slipped into a shortfall of $-2.05 per share compared to $3.55 a year before, with earnings per share falling to $2.71 from the previous quarter. Additionally, revenue declined by -15.983% to $713.43 million from $849.15 million in the similar quarter a year before.
This downturn in business is in stark contrast to the average performance of the Forestry and Wood Products sector, which posted a revenue gain during the same period. Bluelinx Ho...

Forestry & Wood Products Company Experiences Spectacular Growth, Demand Soars for Three Consecutive Months in Financial Third Quarter of 2023

Despite the recent downward trend in Bluelinx Holdings Inc's financial performance, there are positive indicators that suggest the company's future prospects may be brighter than expected. While the net profit per share for the financial third quarter of 2023 saw a significant decline of -57.52% compared to the previous year, it is important to note that income actually improved by 0.37% from the previous reporting period. This indicates that the company has taken steps to mitigate the impact of declining profits.
Furthermore, the revenue for the same quarter saw a decrease of -23.683% compared to the previous year. However, the sequential revenue decrease was only -0.804%, suggesting that the decline ma...

Bluelinx Holdings Inc. Witnesses Significant EPS Decline for the Fiscal Interval Ending July 01, 2023



Bluelinx Holdings Inc, a leading supplier of building materials, recently released its financial report for the fiscal interval closing July 01, 2023. The report revealed several noteworthy developments within the company's earnings per share (EPS), profitability, revenue, net income, and other key financial metrics. In this article, we will delve into these figures and explore the implications for Bluelinx Holdings Inc's stock market performance and future prospects.
Earnings per Share (EPS) and Profitability:
Bluelinx Holdings Inc's EPS witnessed a significant drop of -63.9% during the fiscal interval closing July 01, 2023. The figure decreased to $2.70 per share from $7.48 per share comp...

Top-line and margins have crumbled at in the most recent fiscal period

Despite the recent decline in earnings and revenue, Bluelinx Holdings Inc remains a strong and promising company in the long run. While the most recent fiscal period saw a sharp drop in company income of -85.29%, we must remember that this is a short-term trend that can be attributed to many factors, such as market volatility and external economic conditions. However, in the long-term, the company has a lot going for it.
Bluelinx Holdings Inc has been a top player in the industry for many years, and their legacy cannot be ignored. Their ability to innovate and stay ahead of the competition has put them in a strong position to capitalize on future opportunities. Additionally, the company's diversified por...


Date modified: 2024-09-07T19:30:32+00:00





Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com