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Cornerstone Building Brands Swings to Q1 Adjusted EPS as Sales Rise; Q2 Guidance Higher Than Expected

05/11/2021 13:35

05:27 PM EDT, 05/11/2021 (MT Newswires) -- Cornerstone Building Brands (CNR) on Tuesday reported Q1 adjusted diluted EPS of $0.03, compared with a loss of $1.20 a year ago. Analysts polled by Capital IQ expected a loss of $0.06.

Sales increased to $1.27 billion from $1.11 billion. That beat the projection of analysts polled by Capital IQ of $1.21 billion.

The company projects Q2 sales of $1.38 billion to $1.43 billion. The Street expects $1.26 billion.

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