
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Tecnoglass (NYSE: TGLS) and the rest of the building materials stocks fared in Q4.
Traditionally, building materials companies have built competitive advantages with economies of scale, brand recognition, and strong relationships with builders and contractors. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of building materials companies.
The 9 building materials stocks we track reported a slower Q4. As a group, revenues missed analysts’ consensus estimates by 1.2% while next quarter’s revenue guidance was in line.
While some building materials stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.7% since the latest earnings results.
Tecnoglass (NYSE: TGLS)
The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE: TGLS) is a manufacturer of architectural glass, windows, and aluminum products.
Tecnoglass reported revenues of $245.3 million, up 2.4% year on year. This print exceeded analysts’ expectations by 1.7%. Despite the top-line beat, it was still a softer quarter for the company with full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ adjusted operating income estimates.

Tecnoglass pulled off the biggest analyst estimates beat of the whole group. Still, the market seems discontent with the results. The stock is down 10.7% since reporting and currently trades at $46.00.
Read our full report on Tecnoglass here, it’s free.
Best Q4: Carlisle (NYSE: CSL)
Originally founded as Carlisle Tire and Rubber Company, Carlisle Companies (NYSE: CSL) is a multi-industry product manufacturer focusing on construction materials and weatherproofing technologies.
Carlisle reported revenues of $1.13 billion, flat year on year, outperforming analysts’ expectations by 1.4%. The business had a very strong quarter with an impressive beat of analysts’ adjusted operating income estimates and a solid beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 10.7% since reporting. It currently trades at $393.81.
Is now the time to buy Carlisle? Access our full analysis of the earnings results here, it’s free.
Slowest Q4: UFP Industries (NASDAQ: UFPI)
Beginning as a lumber supplier in the 1950s, UFP Industries (NASDAQ: UFPI) is a holding company making building materials for the construction, retail, and industrial sectors.
UFP Industries reported revenues of $1.33 billion, down 9% year on year, falling short of analysts’ expectations by 5%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue estimates and a significant miss of analysts’ adjusted operating income estimates.
UFP Industries delivered the slowest revenue growth in the group. As expected, the stock is down 4.7% since the results and currently trades at $101.27.
Read our full analysis of UFP Industries’s results here.
Valmont (NYSE: VMI)
Credited with an invention in the 1950s that improved crop yields, Valmont (NYSE: VMI) provides engineered products and infrastructure services for the agricultural industry.
Valmont reported revenues of $1.04 billion, flat year on year. This number came in 0.7% below analysts' expectations. Aside from that, it was a mixed quarter as it also recorded a beat of analysts’ EPS estimates but a significant miss of analysts’ adjusted operating income estimates.
The stock is down 3.4% since reporting and currently trades at $459.13.
Read our full, actionable report on Valmont here, it’s free.
Resideo (NYSE: REZI)
Resideo Technologies, Inc. (NYSE: REZI) is a manufacturer and distributor of technology-driven products and solutions for home comfort, energy management, water management, and safety and security.
Resideo reported revenues of $1.90 billion, up 2% year on year. This result surpassed analysts’ expectations by 1.2%. Taking a step back, it was a mixed quarter as it also produced full-year EBITDA guidance exceeding analysts’ expectations but a significant miss of analysts’ adjusted operating income estimates.
Resideo pulled off the highest full-year guidance raise among its peers. The stock is up 7.3% since reporting and currently trades at $38.34.
Read our full, actionable report on Resideo here, it’s free.
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