Brokerages expect Installed Building Products Inc (NYSE:IBP) to announce earnings of $0.87 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Installed Building Products earnings. The lowest EPS estimate is $0.83 and the highest is $0.88. Installed Building Products posted earnings per share of $0.72 in the same quarter last year, which would indicate a positive year over year growth rate of 20.8%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 27th.

According to Zacks, analysts expect that Installed Building Products will report full-year earnings of $3.22 per share for the current year, with EPS estimates ranging from $3.16 to $3.25. For the next fiscal year, analysts anticipate that the business will post earnings of $3.70 per share, with EPS estimates ranging from $3.58 to $3.91. Zacks Investment Researchs EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Installed Building Products.

Installed Building Products (NYSE:IBP) last announced its quarterly earnings data on Friday, November 1st. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.13. The business had revenue of $396.40 million for the quarter, compared to the consensus estimate of $385.46 million. Installed Building Products had a net margin of 4.47% and a return on equity of 45.94%. Installed Building Productss quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the company posted $0.72 earnings per share.

A number of equities research analysts have weighed in on the stock. Deutsche Bank assumed coverage on shares of Installed Building Products in a research note on Wednesday, November 27th. They set a buy rating and a $82.00 price target on the stock. Zacks Investment Research upgraded shares of Installed Building Products from a hold rating to a strong-buy rating and set a $81.00 price target on the stock in a research note on Thursday, November 7th. ValuEngine upgraded shares of Installed Building Products from a sell rating to a hold rating in a research note on Thursday, October 17th. SunTrust Banks lifted their price target on shares of Installed Building Products to $71.00 and gave the stock a hold rating in a research note on Monday, November 4th. Finally, Nomura lifted their price target on shares of Installed Building Products from $50.00 to $52.00 and gave the stock a neutral rating in a research note on Friday, August 9th. Six equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the companys stock. The stock has a consensus rating of Hold and a consensus price target of $58.33.

IBP traded up $0.14 during trading on Wednesday, reaching $70.46. 241,693 shares of the companys stock were exchanged, compared to its average volume of 200,350. Installed Building Products has a fifty-two week low of $30.54 and a fifty-two week high of $76.60. The company has a quick ratio of 2.39, a current ratio of 2.69 and a debt-to-equity ratio of 2.52. The business has a 50 day moving average price of $68.63 and a 200 day moving average price of $58.96. The company has a market capitalization of $2.15 billion, a P/E ratio of 26.39, a PEG ratio of 1.46 and a beta of 1.16.

In other Installed Building Products news, Director Vikas Verma sold 10,000 shares of Installed Building Products stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $62.00, for a total transaction of $620,000.00. Following the completion of the transaction, the director now directly owns 131,935 shares of the companys stock, valued at $8,179,970. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jay P. Elliott sold 20,000 shares of Installed Building Products stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.83, for a total value of $1,416,600.00. Following the transaction, the chief operating officer now directly owns 23,529 shares of the companys stock, valued at $1,666,559.07. The disclosure for this sale can be found here. Insiders have sold 60,000 shares of company stock worth $3,966,600 in the last quarter. Corporate insiders own 25.20% of the companys stock.

Several hedge funds and other institutional investors have recently modified their holdings of IBP. Nuveen Asset Management LLC bought a new position in shares of Installed Building Products during the second quarter valued at $8,511,000. Bamco Inc. NY lifted its holdings in shares of Installed Building Products by 9.1% during the second quarter. Bamco Inc. NY now owns 1,636,712 shares of the construction companys stock valued at $96,926,000 after acquiring an additional 136,712 shares during the period. Eagle Asset Management Inc. bought a new position in shares of Installed Building Products during the third quarter valued at $5,753,000. Allianz Asset Management GmbH bought a new position in shares of Installed Building Products during the second quarter valued at $4,974,000. Finally, Panagora Asset Management Inc. bought a new position in shares of Installed Building Products during the second quarter valued at $4,888,000. 68.27% of the stock is owned by institutional investors.

About Installed Building Products

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.

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Analysts Expect Installed Building Products Inc (NYSE:IBP) Will Announce Earnings of $0.87 Per Share - DFS Caller

Equities analysts expect Installed Building Products Inc (NYSE:IBP) to report earnings per share (EPS) of $0.87 for the current quarter, according to Zacks. Five analysts have provided estimates for Installed Building Products earnings, with estimates ranging from $0.83 to $0.88. Installed Building Products posted earnings of $0.72 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 20.8%. The business is expected to report its next earnings report on Thursday, February 27th.

According to Zacks, analysts expect that Installed Building Products will report full-year earnings of $3.22 per share for the current financial year, with EPS estimates ranging from $3.16 to $3.25. For the next fiscal year, analysts expect that the business will report earnings of $3.70 per share, with EPS estimates ranging from $3.58 to $3.91. Zacks EPS calculations are an average based on a survey of research firms that follow Installed Building Products.

Installed Building Products (NYSE:IBP) last released its quarterly earnings results on Friday, November 1st. The construction company reported $0.99 EPS for the quarter, topping the Thomson Reuters consensus estimate of $0.86 by $0.13. The company had revenue of $396.40 million during the quarter, compared to analyst estimates of $385.46 million. Installed Building Products had a return on equity of 45.94% and a net margin of 4.47%. The firms revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the business posted $0.72 earnings per share.

Several research analysts recently commented on IBP shares. Deutsche Bank started coverage on Installed Building Products in a research report on Wednesday, November 27th. They issued a buy rating and a $82.00 price target for the company. Zacks Investment Research upgraded Installed Building Products from a hold rating to a strong-buy rating and set a $81.00 price target for the company in a research report on Thursday, November 7th. SunTrust Banks lifted their price target on Installed Building Products to $71.00 and gave the stock a hold rating in a research report on Monday, November 4th. ValuEngine upgraded Installed Building Products from a sell rating to a hold rating in a research report on Thursday, October 17th. Finally, Nomura lifted their price target on Installed Building Products from $50.00 to $52.00 and gave the stock a neutral rating in a research report on Friday, August 9th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Hold and an average price target of $58.33.

In other Installed Building Products news, COO Jay P. Elliott sold 20,000 shares of the firms stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $70.83, for a total value of $1,416,600.00. Following the completion of the sale, the chief operating officer now owns 23,529 shares of the companys stock, valued at $1,666,559.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Vikas Verma sold 10,000 shares of the firms stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $62.00, for a total transaction of $620,000.00. Following the completion of the sale, the director now directly owns 131,935 shares of the companys stock, valued at approximately $8,179,970. The disclosure for this sale can be found here. In the last three months, insiders sold 60,000 shares of company stock valued at $3,966,600. 25.20% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Comerica Bank raised its stake in shares of Installed Building Products by 0.8% during the third quarter. Comerica Bank now owns 20,298 shares of the construction companys stock valued at $1,305,000 after acquiring an additional 156 shares in the last quarter. Mason Street Advisors LLC raised its stake in shares of Installed Building Products by 3.2% during the third quarter. Mason Street Advisors LLC now owns 7,237 shares of the construction companys stock valued at $415,000 after acquiring an additional 224 shares in the last quarter. Texas Permanent School Fund raised its stake in shares of Installed Building Products by 1.7% during the third quarter. Texas Permanent School Fund now owns 14,506 shares of the construction companys stock valued at $832,000 after acquiring an additional 248 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Installed Building Products by 0.9% during the second quarter. Arizona State Retirement System now owns 32,589 shares of the construction companys stock valued at $1,930,000 after acquiring an additional 284 shares in the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of Installed Building Products by 0.8% during the second quarter. Prudential Financial Inc. now owns 34,174 shares of the construction companys stock valued at $2,024,000 after acquiring an additional 288 shares in the last quarter. 68.27% of the stock is owned by institutional investors and hedge funds.

IBP traded up $0.14 on Wednesday, hitting $70.46. The company had a trading volume of 241,693 shares, compared to its average volume of 200,350. The company has a market cap of $2.15 billion, a PE ratio of 26.39, a PEG ratio of 1.46 and a beta of 1.16. Installed Building Products has a 12-month low of $30.54 and a 12-month high of $76.60. The company has a quick ratio of 2.39, a current ratio of 2.69 and a debt-to-equity ratio of 2.52. The businesss fifty day simple moving average is $68.63 and its 200 day simple moving average is $58.96.

About Installed Building Products

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.

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$0.87 Earnings Per Share Expected for Installed Building Products Inc (NYSE:IBP) This Quarter - Trent Times

After two weeks bearing no changes, Wizards of the Coast has finally made the decision to ban more cards from the Pioneer format ofMagic: The Gathering. The three cards banned from Pioneer as of yesterday are Once Upon A Time, Field of the Dead, and Smugglers Copter.

Wizards of the Coast had exactly this to say on the subject:

Over the last several days, a series of Pioneer PTQ tournaments were held as a part ofMagic Onlines Pioneer week. The results of these tournaments, and data from league play, show how the environment has evolved under further competitive pressure.

While the results look promising and changes so far have been moving the format in a good direction, our data shows three outstanding issues that are preventing the metagame from arriving at a better balance. These are:

As a result, were choosing to banSmugglers Copter,Field of the Dead, andOnce Upon a Timein Pioneer. We believe that these changes will result in greater diversity among aggressive decks, a clearer role in the metagame for reactive and controlling decks, and a push toward better color balance among competitive decks.

While its a surprise that some other standout cards such as Oko, Thief of Crowns (a common complaint!), Nykthos, Shrine to Nyx, or Nissa, Who Shakes The World havent been called out, its still great that Wizards has taken the initiative to remove some troublesome cards in a nondiverse meta from the format.

What do you think should also be banned from the Pioneer format? IsMagic: The Gathering a healthier game without some of the newer overpowered cards released recently? Let us know in the comments!

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Wizards of the Coast Bans More in Pioneer - "Magic: The Gathering - Bleeding Cool News

Even though she appears to be warming up to deckhand Brian de Saint Pern, Courtney Skippon from Below Deck shares she wasnt really into anyone on the boat.

The Below Deck season 7 crew has been touted as the hottest crew to date. Although a few of the men on the deck team appeared to be interested in Skippon shes been very cool with her response to their flirtatious comments. However, when de Saint Perns leg infection worsened, Skippon showed him some affection. She even kissed him while he had to lay in bed before the rest of the crew went out on the town.

But in the Below Deck After Show, Skippon made it clear she wasnt into anyone on the boat romantically. That likely includes de Saint Pern, who is now dating one of the former charter guests.

During an interview with stew Simone Mashile, Skippon was asked what she thought of Tanner Sterback. Mashile and Sterback finally hooked up on the show and producers wanted Skippons thoughts. I mean, Ive said this, I didnt think much of anyone on board, she said laughing.

But the producer wanted to know if she had made any snap judgments either. No, I mean Im not ignorant enough to make assumptions about people based on the way that they look, she replied. Mashile jumped in and added, Man I thought Tanner was fine as hell.

Skippon has had to put a few of the deckhands in their place for making sexist or obnoxious remarks. She also recently responded to chef Kevin Dobsons remark about how her tastes for the finer things in life are funded by her parents. Its crazy that b/c I expressed a taste for quality, everyone assumes its paid for by someone. While I consider myself v. lucky, & have parents who instilled in me the importance of quality: I dont come from some pony-riding, Warbucks family we just have different priorities, she tweeted.

Some viewers wondered why Skippon hasnt warmed up to de Saint Pern. One person tweeted that she was icy and not warm and fun. She responded, So sorry for deviating from the social script of how women should behave!We are expected to be warm, fun, friendly & nurturing. I am, but I dont have to be to be lovable. We can also be smart, assertive, decisive & demanding of respect. If that makes me bitchy & icy, sign me up.

After de Saint Pern appeared on Watch What Happens Live with Andy Cohen, he was asked about his relationship with Skippon. @courtneyskippon can actually be an awesome, caring person when she wants to be and I was lucky enough to have seen that side of her. Shes not as bad as you guys think, he tweeted. Skippon responded, Ive never seen someone who knows me undersell my personality so much in my life.

The two then lobbed comments back and forth. One person asked if de Saint Pern was sweet. He can be when he wants to be. I was lucky enough to see that side, she wrote. You forgot #sarcasim, he responded.

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'Below Deck': Courtney Skippon Shares She 'Didn't Think Much of Anyone on Board' - Showbiz Cheat Sheet

Since leaving Below Deckfollowing Season 6, third stew Caroline Bedol definitely hasn't had it easy. In October 2018,Radar Onlinereported that she'd had a run-in with the law, claiming a warrant had been issued for her arrest after the reality star allegedly "skipped out on a mandatory court appearance for a case involving her pitbull." The gossip site claimed that Bedol's pitbull had attacked an Australian shepherd dog in the street after the stewardess allowed her canine to run off without a leash.

By March 2019, further hardships had befallen Bedol, who told Radar Onlinethat she had become homeless since leaving the show. "I'm not looking for a homeless shelter to stay in, but I am homeless in the sense that I am in between homes," she said. "You get motels or hotels when you can, you sleep in your car if it's warm."That June,the third stew found herself in another spot of trouble. According to court documents obtained byPage Six, the Bravo star had been arrested for "larceny in the sixth degree in Danbury, Connecticut." Thismisdemeanor charge of larcenyrelates to stolen property worth under $500, which led to Bedol requiring no bond upon her release. As of this writing, the shoplifting case remains ongoing.

Basically, it's impossible to deny that Bedol's life has been filled with challenges since exitingBelow Deck.

Read this article:
Dark secrets of the Below Deck cast - Nicki Swift

Yes, I am one of those people.

About 30 minutes after Labor Day has officially ended, I feel a strange compulsion to binge on my mothers iced sugar cookies shaped like snowmen while listening to Nat King Cole croon about chestnuts. I usually resist breaking out my collection of international Santa figurines including Las Vegas Santa indulging his gambling addiction on the slots until after Halloween. But once Ive polished off my kids trick-or-treat candy, I go into full-out Christmas-prep beast mode.

I realize that my premature Yuletide activities irritate some folks, and I place the blame partly on the retail economy, which starts celebrating HallowThanksMas around the time when we East Texans are suffering from acute Eskimo envy in the sweltering month of September. And I must admit that its a little disconcerting to go to Walmart for a new giant unicorn pool float and walk past a tempting display of Little Debbie Christmas Tree Cakes. Thankfully, I can usually limit myself to five or six family-size packs.

Another reason for my pre-season holly-jolly spaz attack is the sheer magnitude of our Christmas swag. I spend most of the year expecting our ceiling to collapse under the mass of nativity sets, Christmas villages, and countless other seasonal dust magnets stockpiled in our attic. In fact, Im resigned to the probability that Ill eventually be taken out by a Rubbermaid tub full of decorative nutcrackers. Seriously, though, I figure if I dont start dragging out the dcor soon enough, Ill still be stringing up lights when its time to overdose on Velveeta dip and chicken wings during the Super Bowl.

As an example of our fanatical festooning, we dont allow Santa to squeeze out of our gas-log fireplace until weve erected not one, but two Christmas trees in our living room. One serves as our fashionable tree, adorned with ornaments accumulated from several trips my wife and I took overseas before we had our three daughters and started hemorrhaging wads of cash on dance lessons, cell phones, and salted-caramel iced mochas.

The other tree features mostly homemade ornaments, many of which include photos of our daughters at various ages. This tree is a favorite of my wife and me, and when the girls arent vociferously expressing their unmitigated disgust at the pictures of themselves with toddler bangs or missing baby teeth, they secretly compete to see who can maneuver their own photo ornaments to the highest and most visible branches.

Eventually the tree develops a distinct top-heavy list, threatening to topple over and impale our full-figured Siamese cat, who spends most of the holiday lounging at the trees base and wistfully gazing upwards, wondering what it might be like to muster the energy to climb it or even paw at a low-hanging baby Jesus made of Styrofoam and pipe cleaners.

The pinnacle of our home decorating frenzy involves the death defying installation of exterior lighting. Each year, I entertain the neighbors and risk permanent paralysis by hanging several strings of C-9 bulbs from the unnecessarily steep eves of our house. This process inevitably requires that I actually climb onto our roof for a public performance of uncoordinated acrophobia.

Taking the advice of my dad a veritable Rembrandt of domestic holiday displays I stay as low as possible while Im scuttling around up there and trying to avoid hurling on the housetop. And Im usually able to pick all of the shingle grit out of my ears and teeth by the new year.

Once all of the decorating is done and Im in my easy chair nursing a pulled groin and a mug of hot cocoa with extra mini marshmallows, I look around at the twinkling lights, the radiant poinsettias, and the stockings hung by the chimney-insert with care, and I realize that its worth all of the trouble.

And if I start packing all of this away shortly, I can re-decorate the house in time for Valentines Day.

Contact Jase Graves at susanjase@sbcglobal.net.

Continued here:
Graves column: Deck the halls and hit the deck - Glenwood Springs Post Independent

Melania Trump paid special attention to detail when decorating the White House for Christmas.

Christmas spirit, in the form oftwinkly lights and bright red bows, has arrived at the White House.

The walls, windows and grand rooms have been adorned with holiday traditions, thanks to first lady Melania Trump,who paid special attention to the Spirit of America-themed detail.

Heres an inside look at how some of the most eloquent details emulate American tradition.

The official White House Christmas tree is from Pitman, Pennsylvania, and stretches more than 18 feet in height. The Douglas fir tree is decoratedsymbolically with floral emblems, each representingone of the 50 states and territories. The tree portraysthe beauty and diversity of America.

The official White House Christmas tree decorated in the Blue Room on Monday, Dec. 2, 2019. (AP Photo/Alex Brandon)

HOTEL SPREADS CHRISTMAS CHEER WITH DECKED-OUT BUDDY THE ELF-THEMED SUITE

The White Houses gingerbread house is an exact replica of the South Portico of the White House. Some other national landmarks are featured next to the house, including the Golden Gate Bridge, Space Needle, Mount Rushmore, the Alamo, Gateway arch, Liberty Belland Statue of Liberty. The columns of the gingerbread White House are made of pasta noodles and the display used a total of 200 pounds of gingerbread.

The gingerbread house is seen in the State Dining Room of the White House. Sunday, Dec. 1, 2019. (Official White House Photo by Andrea Hanks)

Each year, Melania Trump has carried out her tradition of hanging Christmas wreaths on the faade of the White House. There are a total of 106 wreaths hung throughout. Some other traditions that have returned include the Gold Star Family Tree, with more than 400 stars arranged, the Christmas card display and the White House crche.

The Red Room of the White House. Sunday, Dec. 1, 2019. (Official White House Photo by Andrea Hanks)

TIFFANY MARKETS THE $112,000 DAYS OF CHRISTMAS

The East Room is decked with dcor inspired by the American flag. Decorations include gilded eagle tree toppers, mirrored stars, and red andblue ribbons. Decorative elements in the East Colonnade highlight American innovation and architecture.

The East Room of the White House, Sunday, Dec. 1, 2019. (Official White House Photo by Andrea Hanks)

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Two hundred twenty-fivevolunteers,representing all 50 states, were selected to participate in decorating this year. Volunteers helped hang, dress and place the following:

And, everything elsementioned above.

The Grand Foyer of the White House, Sunday, Dec. 1, 2019. (Official White House Photo by Andrea Hanks)

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The White House will host open houses, receptions and tours throughout the month of December for all to enjoy this years decorations.

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What it takes to deck the halls for Christmas at the White House - Fox Business

This holiday season you can visit the nation's oldest residential street right in Philly. This Saturday, Dec 7 from 3pm to 7pm, you will have the opportunity to go inside the houses onElfreth's Alley for "Deck the Alley."

Elfreth's Alley is a National historic landmark. Every single house on that street was built in the 1700s and early 1800s. This Saturday they will all be decorated for the holidays. According to Philly Voice, on the cobblestone street, there will be colonial carolers and traditional loom weaving. Don't forget to bring the kids as well because Santa will be there as well. This is your chance to get pictured taken with Santa onnation's oldest residential street. Iconic!

According to Philly Voice, ticketsfor this event are $25 for adults and $10 for children.You can also get agroup discount and a $60 family bundle are available, as well. The best part about it is you will automatically get free admission into the pop-up exhibit"Making Christmas."

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Deck the Alley is Happening this Saturday in Philly - 94.5 PST

A Level: Deck the Hall Ball (12.5.19)

For the A Level: Deck the Hall Ball contest, enter for the chance to win December 5, 2019 by listening to the Station between 8:00am PT and 5:00am PT for the codeword to be announced on or about :05 after the start of each hour and using to complete the online entry form for the A Level: Deck the Hall Ball contest page, locatedHERE,by 6:00pm PT on December 5, 2019.On or about December 6, 2019, five (5)winners will be randomly selected and, upon verification,receive the qualifying prize of a pair of GA ticketstoDeck the Hall Ball 2019 and a pair of meet and greets for The 1975 on December 10, 2019,at WaMuTheatre, located at800 Occidental Ave S, Seattle, WA 98134, and one (1) vinyl copy and one (1) digital download code of The 1975'sA Brief Inquiry Into Online Relationships. Digital download code is valid through December 31, 2019 and only in the United States. Void where prohibited or restricted by law. Qualifying prize is valued at $154, courtesy of the Station and Interscope Records. From all of the qualifying prize winners, one (1) winner will be randomly selected to receive the grand prize of a signed vinyl cover ofA Brief Inquiry Into Online Relationships and a signed fan pack forNotes On A Conditional Form. Grand prize is valued at $25,courtesy of the Station and Interscope Records.Otherwise, KNDD's general contest rules apply and are available by clickingHERE.

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Win Deck the Hall Ball Tickets and The 1975 Meet & Greets! - Talk Radio 1210 WPHT

ON the barren surface of Mars, astronauts will battle deadly radiation, fierce storms and screws missing from their flat pack beds.

That's if Ikea has anything to say about it, anyway. The Swedish furniture giant has unveiled an easy-to-assemble space pad for future colonies on the Red Planet.

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Slotted together at a Mars research lab in a US desert, the prototype pod has been designed to maximise space in cramped conditions.

It boasts Ikea shelving units, stackable chairs and tables that double up as stools for flexibility and tidiness.

Ikea designer Christina Levenborn envisioned the space habitat after a spell at the Mars Desert Research Station (MDRS) in Utah.

Built in 2001, the domed cylinder houses teams of six for weeks at a time to study how humans might live on the Red Planet.

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"We tried to work with products for small space living situation that could be arranged in a flexible and multifunctional way," Christina said.

"For the habitat, we brought products on wheels for mobile living, stools for seating and table surfaces and stackable chairs for saving space."

The MDRS is designed to recreate the physical and psychological challenges facing astronauts who eventually live on other planets.

It includes a greenhouse, solar observatory, engineering pod, science building, robotics observatory - and a two-storey living space nicknamed The Hab.

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Just eight metres in diameter, the Hab has now been kitted out with Christina's Ikea redesign.

It's unlikely space agencies like Nasa will be giving Christina a ring any time soon, but the faux-home gives space fans a glimpse into a Martian future.

It is hoped that the redesign project will show how Ikea products can be improved to suit "micro-homes" that are increasingly popular in crowded cities.

Christina said: "We hope to learn more about living in extremely small spaces and how our products can be used.

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Mars facts

Here's what you need to know about the red planet...

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"There is also the question of the scarcity of materials, repurposing and sustainable living.

"Preparing for this kind of scarcity on Mars puts a focus on all the good things we have on Earth that we take for granted.

"We tried to work with products for small-space living situations that could be arranged in a flexible and multifunctional way.

"In a small space where many people have to share workspaces, it is important to be able to adjust to everyone's needs."

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WENT DELHI UP Nasa spots India's doomed moon lander on lunar surface months after crash

In other news, eagle-eyed space fans claimed to have spotted the letters"ET" imprinted on Marsin August.

A crackpot conspiracy theorist said he'd dug up evidence of asarcophagus on the Red Planetin Nasa photos published that same month.

And, Nasa recently managed to record the incredible sound of a "Marsquake" -which you can listen to here.

Do you think humans will ever live on Mars? Let us know in the comments!

We pay for your stories! Do you have a story for The Sun Online Tech & Science team? Email us at tech@the-sun.co.uk

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What life on Mars will REALLY look like Ikea decks out prototype space colony in Utah desert - The Sun