Select Interior Concepts (SIC) Posts Earnings Results, Misses Expectations By $0.36 EPS

Select Interior Concepts (NYSE:SIC) issued its earnings results on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.36), MarketWatch Earnings reports. The company had revenue of $132.96 million for the quarter, compared to the consensus estimate of $135.60 million.

Shares of Select Interior Concepts stock opened at $13.44 on Friday. Select Interior Concepts has a 1-year low of $5.94 and a 1-year high of $14.73.

Separately, Zacks Investment Research upgraded shares of Select Interior Concepts from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th.

In other Select Interior Concepts news, major shareholder Brc Partners Opportunity Fund, purchased 5,100 shares of the company’s stock in a transaction dated Tuesday, December 18th. The shares were acquired at an average price of $7.67 per share, for a total transaction of $39,117.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have bought a total of 376,445 shares of company stock worth $2,394,739 in the last quarter.

Several institutional investors have recently modified their holdings of SIC. Wasatch Advisors Inc. purchased a new position in shares of Select Interior Concepts during the 3rd quarter worth $8,100,000. BlackRock Inc. purchased a new position in shares of Select Interior Concepts during the 3rd quarter worth $238,000. Redmond Asset Management LLC purchased a new position in shares of Select Interior Concepts during the 3rd quarter worth $846,000. PointState Capital LP purchased a new position in shares of Select Interior Concepts during the 3rd quarter worth $6,410,000. Finally, B. Riley Financial Inc. purchased a new position in shares of Select Interior Concepts during the 3rd quarter worth $27,511,000.

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Select Interior Concepts Company Profile

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