BlueLinx (NYSE:BXC) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

BlueLinx (NYSE:BXC) posted its quarterly earnings results on Tuesday. The construction company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01), Zacks reports. BlueLinx had a return on equity of 10.44% and a net margin of 1.01%.

BlueLinx Stock Down 2.2 %

Shares of BXC stock traded down $2.23 during trading on Tuesday, hitting $99.59. 64,856 shares of the company were exchanged, compared to its average volume of 57,302. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.26 and a current ratio of 4.58. The firm has a market capitalization of $834.57 million, a price-to-earnings ratio of 28.95 and a beta of 2.04. The business’s 50-day simple moving average is $106.58 and its 200 day simple moving average is $107.78. BlueLinx has a twelve month low of $87.67 and a twelve month high of $134.79.

About BlueLinx

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.