The New York City Department of Buildings (DOB) is now requiring that all new buildings and current buildings undergoing major roof renovations have solar panels, a green roof system, or both. The updates must cover 100 percent of any applicable roof.

In New York City, we are not shirking from the challenge of climate change, said Melanie E. La Rocca, New Yorks Buildings Commissioner. In an attempt to improve New Yorks role in climate change, officials are addressing that New Yorks buildings are its largest contributors to carbon emissions with the Climate Mobilization Act. In particular, two percent of the citys buildings contribute to half of all of the citys build-related carbon emissions.

A significant issue in cities is that many like New York are what is called Urban Heat Islands, meaning that they are much warmer than the surrounding rural areas.The prime contributor to this is the large percentage of open air surfaces (the ground, and outside walls and roofs) that are either stone or metal, as opposed to grass and trees. Green roofs, or roofs with trees, grass and plants on them, can play a major role in reducing this effect, helping naturally regulate the heat along with other issues like reducing heat-enhanced ozone production, absorption of stormwater, absorption of pollution, improving diversity of urban wildlife, and reducing reflection of sound pollution.

Likewise, solar panels not only ease the load on the energy grid of the city, they also help cool roofs of buildings and reduce the amount of heat energy that is reflected back into the atmosphere.

Some notable green roofs in the city are the largest green roof in the city, the Javits Center, along with the Barclays Center, and the USPS Morgan Processing and Distribution Center. In the coming years, the city will look more and more like the tops of these buildings.

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Sustainable Roofs Now Mandatory for all New Buildings and Renovations in NYC - I Love the Upper West Side

Global Roofing Coatings Market 2019 report includes extensive Market analysis and industry landscape along with SWOT analysis and PESTEL analysis of the important vendors. The analysis is conducted with a blend of secondary and primary advice for inputs from participants in the industry. Roofing Coatings industry report covers the prospects of Roofing Coatings in the forecast period of 2019-2026 and the scenario.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2909

The report analyzes the current Market size, recent Market trends, key segments and future prospects of the Global Roofing Coatings Market (2019-2026).The Market shares of segments (players, type, application, and regions) are prepared to give an opportunistic roadmap to the readers of the Roofing Coatings Global Market. The report also comprises the study of drivers, restraints, and trends that influence the current scenario of the Roofing Coatings Global Market and its impact on the global Market over the forecast period 2019 2026.

The report offers information and data analysis on Market segments such as Roofing Coatings product type, end-user, and region. In addition to this detailed qualitative analysis of Market growing elements and threats, investment opportunities in Roofing Coatings industry and challenges for newcomers are covered in the overview section. The Roofing Coatings is one such crucial constituent that continues to gain demand from all corners of the globe. The Global Roofing Coatings Market Report also states import/export consumption, supply and demand Figures, cost, price, revenue, and gross margins.

Worlds Major Regions Covered:-

North America: United States, Canada, Mexico

Asia-Pacific: China, India, Australia, Japan, South Korea, Indonesia, Malaysia, Philippines, Thailand, Vietnam

Middle East Africa: Turkey, Egypt, South Africa, GCC Countries, Rest of Middle East & Africa

Europe: Germany, France, UK, Russia, Italy, Rest of Europe

Central & South America: Brazil, Rest of South America

The report segments the worldwide Roofing Coatings Market based on the type of product, end users, and regions. It describes the performance of the individual segment in Roofing Coatings Market growth. Nitrilotriacetic acid Market research is conducted leveraging the data sourced from the primary and secondary research team of industry professionals as well as the in-house databases.

Significant Point Mentioned in Global Roofing Coatings Market Report:

Advancement Trend and Consumer Evaluation A good summary of this Roofing Coatings industry are cited in an in-depth record in addition to the present Market trends and analysis.

Evaluation of Technical Data and Manufacturing Plants The power and also business manufacturing of the significant manufacturers of this has been within the technical data and even fabricating plants of this Market.

Manufacturing Price Structure Evaluation The department recorded for fabricating cost structure comes with a Roofing Coatings brief analysis of the most significant manufacturers and providers of most essential information.

Competitive Evaluation Comprehensive lists of Roofing Coatings supply and demand, gross profit, ingestion ratio, cost analysis, and production capacity are included in the report.

The report highlights the important Global Roofing Coatings Market dynamics of the industry. Definitions and software of this series and also business arrangement, of this Market, are awarded. Future prospects of this industry and the Market scenario. Also, prime strategical tasks on the current Market, including Roofing Coatings product improvements, mergers, and acquisitions, partnerships, etc.

The study report answers many critical questions linked to the increase of this Roofing Coatings Market. The feasibility of investment projects are evaluated, and research decisions can be found. On their condition of the business, the report offers statistics in one note, and it is a source of management and Roofing Coatings information for individuals and companies interested in the industry.

Expert help is available @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2909

Competitive Landscape of Global Roofing Coatings Industry:

Another notable feature of the Roofing Coatings Market Report offers the detailed company profiles of some of the prominent Market players, which will remain active in forthcoming years, along with Roofing Coatings product launches, key developments, financials details, product sale and gross margin, Roofing Coatings business short-term and long-term Marketing strategies and SWOT analysis of the companies. It has been observed that many of the Market players are focused on product innovations and want to expand their geographical footprint in upcomming years. Although technological developments have given the boost to the Roofing Coatings business which is prompting new openings and welcomes new players in form of start-ups.

The assessment of the winning strategies followed by these companies can help Roofing Coatings industry not only strategize but also execute industry operations by referring to the statistics about competitor analysis. The valuation of the Roofing Coatings industry analysis across different regions along with vital information on the Market size, share and growth rate makes this report a wonderful resource for business evangelists.

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Roofing Coatings Market 2019 Critical Analysis With Expert Opinion and Size To 2026 - Crypto Journal

Overview

TMRs report on theStanding Seam Roofing Marketis an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services.

Our research report on the Standing Seam Roofing market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Standing Seam Roofing market over the forecast period. These market indicators help businesses pave way in a crowded business landscape, and tread ahead in the competition with confidence.

Further, the report carries out solid groundwork and divulges details of markets share of key segments of the market under product, application, and geography.

To ascertain market indicators, analysts employed proven research tools and techniques for the same. The analysis of market indicators helps business carry out the most strategic planning for competitive advantage. These indicators also help businesses gauge investment proposition and scope of expansion in the Standing Seam Roofing market over the forecast period.

The report analyzes the competitive landscape of the Standing Seam Roofing market at length. The section includes detailed insights into key business strategies used by prominent players. Further, the report analyzes impact of growth strategies on the competitive dynamics and valuable insights into market share projections of key players in the Standing Seam Roofing market over the forecast period.

If you are stakeholder in the Standing Seam Roofing market, the analysis provided will help you understand growth model.Click to get a Brochure report in PDF(including ToC, Tables and Figures).

The report includes an exhaustive list of prominent players in the Standing Seam Roofing market:

For further know-how of competitive outlook, the report discusses SWOT analysis of prominent players, and how this will impact the competitive hierarchy until the end of the forecast period. This serves as a crucial market intelligence indicator to gauge growth strategies adopted by market stakeholders, and their stance on mergers, acquisitions, partnerships, and collaborations that can help remain competitive.

Key Questions Answered in the Standing Seam Roofing Industry Report

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Standing Seam Roofing Market Expected to Witness a Sustainable Growth by 2027 - Tech Admirers

Persistence Market Research recently published a market study that provides analytical insights related to the overall prospects of the Metal Roofing Market during the forecast period 2017 2025. The report aims to assist business players, stakeholders, and investors to improve their standing in the current market landscape and gain a competitive edge over their competitors. The presented study evaluates the major trends, opportunities, drivers, and challenges that are expected to impact the growth of the Metal Roofing Market in the upcoming years.

The report reveals that the Metal Roofing Market is expected to register a CAGR growth of ~XX% during the forecast period and surpass the value of ~US$XX by the end of 2017 2025. Some of the leading factors that are expected to drive the growth of the market include, rising investments for research and development, the advent of cutting-edge technology, and favorable government policies in certain regions.

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Essential Findings of the Report:

The data enclosed in the report such as the Year-on-Year (Y-o-Y) market growth, supply chain analysis, value chain analysis and more will enable readers to assess the quantitative aspects of the Metal Roofing Market with clarity. The presented study is a vital asset for stakeholders, investors, and market players involved in the Metal Roofing Market who can leverage the information in the report to develop effective business strategies.

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key players and products offered

The report clarifies the following doubts related to the Metal Roofing Market:

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Metal Roofing Market is anticipated to witness a considerable growth through the forecast period 2017 2025 - Crypto Journal

ResearchMoz present a comprehensive research report namely Global Synthetic Roofing Underlayment Market Professional Survey Report 2019 which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customers Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.

The market study on the global market for Synthetic Roofing Underlayment examines current and historical values and provides projections based on accumulated database. The report examines both key regional and domestic markets to provide a conclusive analysis about the developments in the Synthetic Roofing Underlayment market over the forecast period.

Get Free Research Summary of The Report: https://www.researchmoz.us/enquiry.php?type=S&repid=2543387

This report covers leading companies associated in Synthetic Roofing Underlayment market:

Scope of Synthetic Roofing Underlayment Market:The global Synthetic Roofing Underlayment market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025.

This Market Report includesdrivers and restraints of the global Synthetic Roofing Underlayment market and their impact on each region during the forecast period. The report also comprises the study of current issues with consumers and opportunities. It also includes value chain analysis.

On the basis on the end users/applications,this report focuses on the status and outlook for major applications/end users, sales volume, Synthetic Roofing Underlayment market share and growth rate of Synthetic Roofing Underlayment foreach application, including-

On the basis of product,this report displays the sales volume, revenue (Million USD), product price, Synthetic Roofing Underlayment market share and growth rate ofeach type, primarily split into-

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Synthetic Roofing Underlayment Market: Regional analysis includes:

Synthetic Roofing Underlayment Market Report Structure at a Glance:

For More Information Kindly Contact: ResearchMozMr. Nachiket Ghumare,90 State Street,Albany NY,United States 12207Tel: +1-518-621-2074USA-Canada Toll Free: 866-997-4948Email: [emailprotected]Follow us on LinkedIn @ http://bit.ly/1TBmnVGMedia Release: https://www.researchmoz.us/pressreleaseFollow me on : http://marketresearchlatestreports.blogspot.com/

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Synthetic Roofing Underlayment Market Global Industry To Provide Lucrative Opportunities In The Near Future by 2019-2025 - Statsflash

C.B. Forck says its hard to estimate the extent of the Christmas decorating he does every year as the holiday season approaches.

We probably hang enough lights every year to stretch 50 miles at least, he said as he climbed the ladder to the roof of a Cape Girardeau home. And tens of thousands of lights for sure. Maybe more.

Now in its 20th year, Forcks Lite Designs & Guttering of Benton, Missouri, is responsible for outdoor holiday lighting for more than 100 homes and businesses throughout the Cape Girardeau and Jackson area as well as several surrounding counties in Southeast Missouri.

Chris Vernon, left, C.B. Forck, foreground, and Brent Forck hang lights last week along the roofline at the home of Vince and Jan Kelley in Cape Girardeau.

Jay Wolz ~ jwolz@semissourian.com

We start hanging lights in the middle of October and try to have everything up by the first week of December, Forck said. For several months, he and his eight-man crew (including two of his sons) work almost every day, often regardless of weather, decorating home and business exteriors as well as trees, shrubs, light poles and virtually anything else from which they can hang lights, wreaths and garland.

They spent the past few days stringing miles of lights through Jackson City Park and this week theyll focus on Old Town Capes new 30-foot tree at the intersection of Broadway and Fountain Street, across from The Courtyard by Marriott.

Jacksons park lighting ceremony is at the same time as the Christmas tree in Cape, Forck said. Both are scheduled for Friday evening.

Weve been doing the Jackson Park for a few years and that is a major keep your fingers crossed project when we turn it on, Forck laughed. We had issues our first year there four years ago because it was raining. And Im not talking about a little bit of rain. The ground was flooded, Hubble Creek was out of its banks and electricity, GFI outlets and water dont mix!

Forcks holiday lights business evolved out of the landscape work he was doing in the 1990s. We had a few residential customers ask us about doing exterior Christmas lighting and thats how we got started, he said. Since then, we no longer do the lawn care and landscaping. These days, we do construction work guttering, siding, soffits and fascia the rest of the year.

The Christmas lighting business has grown every year, he said, mostly thanks to word of mouth. Thats our No. 1 form of advertising, so to speak, he said. That and our trucks. People see us driving around and see us at customers homes and businesses and decide they want to hire us to do their homes and businesses, too.

C.B. Forck poses for a photo with one of his Forcks Lite Designs & Guttering company trucks.

Jay Wolz ~ jwolz@semissourian.com

Forck says many of his clients hired him because they dont have the time, inclination or expertise to do the work themselves. A lot of homeowners dont have the ladders and that sort of thing we have, he said.

One thing Forck and his employees dont appear to have is a fear of heights as they seem very at ease working on rooftops two and three stories above the ground.

About 60% of Forcks customers are residential clients while the rest are businesses such as banks and office buildings. One of his biggest clients is Cape Girardeaus downtown business district where the seasonal lights have recently been converted from incandescent lights to LED (light-emitting diode) bulbs.

Virtually everything we do now is commercial grade LED lighting thats custom cut to fit your house, Forck noted. There are advantages to LED lights. They use less power, theyre more reliable and a lot of the same bulbs are still going after 10 years. Youre never going to find that with incandescent lights.

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It takes about three or four hours to light the average home, but some well be at all day, he said. It all depends on what the customer wants and the size of the installation.

The work doesnt stop once the lights are hung. We do a complete weekly drive through of all of our properties after dark to verify that everything is burning like its supposed to be and replacing a bulb here and a bulb there, even if a customer hasnt called, Forck said. Of course, if a customer calls, we respond within 24 hours. Weve even done repairs between Christmas and New Years because customers want everything lit for New Years parties and things of that sort.

And, of course, what goes up must come down.

Well start taking everything down starting the first week of January and, weather permitting, well have everything down and stored by the middle of February, Forck said. We store about 90% of everything we hang in a 7,000-square-foot warehouse in Benton.

Chris Vernon attaches individual Christmas to shingles on the roof at the home of Vince and Jan Kelley in Cape Girardeau.

By Jay Wolz ~ jwolz@semissourian.com

The warehouse is adjacent to Lite Designs & Gutterings shop and offices where Forcks wife, Pam, handles the companys billing, scheduling and other administrative responsibilities.

Does Forck think of himself as an artist when it comes to Christmas lighting? Yeah, Ive had people for years who say they can tell the homes we do because all the lights are in straight lines, every bulb is clipped and theres not stuff hanging everywhere, he said. Its nice to sit back and look at em once theyre lit.

Do you crave business news? Check out B Magazine, and the B Magazine email newsletter. Check it out at http://www.semissourian.com/newsletters to find out more.

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Business: Deck the halls ... and roofs, trees and bushes (11/25/19) - Southeast Missourian

New York City, NY: Nov 21, 2019 Published via (Wired Release) Global Roofing Materials Market qualitative study report is an exceptional report that makes it possible for the industry to take strategic decisions and achieve growth objectives during 2019-2028. The analysis of Roofing Materials report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.

Roofing Materials Industry Reporthas been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Roofing Materials market. This study focuses on market scenario, which briefly describes the market condition and the leading segments. The research report on the global Roofing Materials market includes a SWOT analysis and Porters five forces analysis, which help in providing the precise trajectory of the market.

Few Of Leading Organization Names Listed here- Atlas Roofing Corporation, BASF SE, 3M Company, The DOW Chemical Company, Duro-Last Roofing Inc, Sika AG, Owens Corning Corporation, Braas Monier Building Group, GAF Materials, Johns Manville Corporation

For Better Understanding Go With This Free Sample Report Enabled With Respective Tables and Figures:https://marketresearch.biz/report/roofing-materials-market/request-sample

In this study, the years considered to estimate the market size of the Roofing Materials are as follows:

History Year: 2013-2018 | Base Year: 2018 | Estimated Year: 2019 | Forecast Year: 2019 to 2028

Roofing Materials market report is to help the user understand the market in terms of its definition, key segmentation, influential trends, market potential and the challenges that the market is facing. The readers will find Roofing Materials report very helpful in understanding the market in depth. Roofing Materials report enhances the visual representation and pictorial representations (diagrams, pie charts, graphs, tables) which helps in understanding the facts much better.

Additionally, Chapters on Historical & Current Global Roofing Materials Market Development Scenario, Market Entropy to Race Aggressiveness and Patent Analysis is covered along with Competitors Swot Analysis, Product Specifications and Peer Group Analysis with important financial metrics like Gross Margin, Net Profit, Segment Revenue, Employee Size, Total Revenue, Total Assets etc.

Competitive Analysis:

Global Roofing Materials market is highly fragmented and the major players have used various strategies such as new product launches, acquisitions, expansions, agreements, partnerships, joint ventures, and others to increase their footprints in this market industry. The report includes market shares of Roofing Materials market for Global, Europe, Asia-Pacific, North America, South America, and the Middle East & Africa.

Roofing Materials Market Data Break Down is illuminated below:

Segmentation by product type:Tile roofMetal roofPlastic roofAsphalt shingles

Segmentation by application:ResidentialCommercialNon-Residential

KEY BENEFITS FOR STAKEHOLDERS

> This research study presents the analytical depiction of the Roofing Materials Market along with the rising trends and future estimations to depict the imminent investment pockets.

> The overall Roofing Materials market potential is determined to understand the profitable trends to enable stakeholders to gain a stronger foothold in the market.

> The Roofing Materials study presents information related to key drivers, restraints, and opportunities with detailed impact analysis.

> The current market is quantitatively analyzed from 2019 to 2028 to highlight the financial competency of the market.

> Porters five forces analysis illustrates the potency of the buyers and suppliers.

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts:https://marketresearch.biz/report/roofing-materials-market/#inquiry

Here are theKey Questions Answered

Which geography would have a greater market for products/services?

What are the strategies adopted by major players in the regional market?

Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?

What is the current & expected market size in the next ten years?

What is the market feasibility for long term investment?

What opportunity the country would offer for existing and new players in the Roofing Materials market?

What is the threat to suppliers in the geography?

Which factors are likely to drive demand for the product/service in the near future?

What is the impact analysis of various factors in the Global Roofing Materials market growth?

What are the latest trends in the regional market and how successful are they?

Customize report of Global Roofing Materials Market as per client requirement also available. Please connect with our sales team ([emailprotected]), who will ensure that you get a report that suits your needs.

Major Topics Covered in this Report

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions

Chapter 5 Consumption by Regions

Chapter 6 Market Size by Type

Chapter 7 Market Size by Application

Chapter 8 Manufacturers Profiles

Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast

Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings

Chapter 14 Appendix

Click here to Browse Complete Details ofTOC @https://marketresearch.biz/report/roofing-materials-market/#toc

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Conclusive study on Roofing Materials Market with Regional Trends & Demand, Thoughful data, Future Prospect 2028 - The State News - BBState

Enter parameters

Roof Pitch:

Flat1/122/123/124/125/126/127/128/129/1210/1211/1212/12

Choose material:

Asphalt ShinglesAluminum ShinglesSteel ShinglesGalvanium Standing SeamAluminum Standing SeamEPDM-RubberTPOPVC

CalculateResult:

Roof area: sq. feet$Number of squares: $Installation cost: min $ max $0$

While the average lifespan for a typical roof can be 15-20 years, a long, hard winter or a particularly intense storm can cause lasting damage to a roof. Over time, that damage could really add up. As a result, you might need to calculate an estimate of how much it will cost to replace your old roof with a new one.

There are several factors to keep in mind for any estimate: the materials used for the shingles or seam panels, the surface area of the roof (with a measurement typically in squares), and any special features related to the complexity of the roof itself. In addition, details about your unique geography could play a role in the final cost of the project (e.g. if you live in the Northeast or some other region that gets a lot of winter storms).

The first step in a free roofing estimate is measuring the roof dimensions. You will need to express this size in terms of square feet. Keep in mind that the average size of a roof is 1,700 square feet, so your total will likely be 10% higher or lower than this figure. Check that your footage measurements are within this range so you can start off on the right foot.

Next, you will need to use a roofing materials calculator. Simply input the surface area of the roof, choose from one of the available options, and you will get your first roofing estimate. With an online roofing calculator, you will usually be able to drill down a bit deeper in order to see a fine-grained cost breakout on a sq ft basis.

But keep in mind that materials typically only account for 40% of the total cost of square roofing. The other 60% is labor. In the roofing trade, this is known as the installation cost, and it can vary widely depending on the type of replacement roof that you are getting. With an online calculator, you can see the various options for your roof and how they impact the final labor cost.

The best part of a roofing calculator is that it offers a free insight into the total cost of the replacement roof project on a sq ft basis. As you begin to calculate various costs, you will see that the cost is a result of the interplay of many different variables, including roof area (in terms of footage), measurement of any roof extras (like chimneys or skylights), and the dimensions of your roof.

Calculated quickly on a per foot basis, you can see that a bigger roof will almost always lead to a higher cost. However, there is not a direct 1:1 correlation between surface area and the total cost of the project, as expressed in dollars. Dimensions matter, as do the total amount of feet. This is especially true with shingle roofs (both metal and asphalt). Often, you can get discounts for using certain types of metal or asphalt, so always make sure that you check out these options when running all the numbers. For example, a steel roof will typically cost less than an aluminum roof.

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ROOFING CALCULATOR: estimate size and material cost

The market expects Beacon Roofing Supply (BECN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2019. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on November 25, 2019, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus Estimate

This roofing materials distributor is expected to post quarterly earnings of $1.22 per share in its upcoming report, which represents a year-over-year change of +14%.

Revenues are expected to be $2.06 billion, up 6.4% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 0.48% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Beacon Roofing?

For Beacon Roofing, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Beacon Roofing will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Beacon Roofing would post earnings of $1.24 per share when it actually produced earnings of $0.92, delivering a surprise of -25.81%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Beacon Roofing doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Beacon Roofing Supply (BECN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release - Nasdaq

The Statesman Journal looks at Mid-Valley construction projects, answering the question, "what's that?" Lee Clarkson, Statesman Journal

Project: Valley Industrial Park

Location: 4910 Turner Road SE

Description:Work is underway on an industrial park anchored by Valley Roofing at the corner of Turner Road SE and Kuebler Blvd.Crews broke ground on the project earlier this month.

Plans call for a 13,000-square-foot building.6,000 square feet of the space can be divided into four tenant suites that will be available for lease.

Valley Roofing is currently located at5340 Caplinger Road SE, approximately three miles north of its new location.

The project is scheduled for completion in June 2020, according to Rich Duncan Construction.

The construction site at 4910 Turner Road SE, at the corner of Kuebler and Turner.(Photo: KELLY JORDAN / STATESMAN JOURNAL)

Estimated size: site, 2.7 acres; building, 13,000 square feet

Contractor: Rich Duncan Construction

Source: City of Salem,Rich Duncan Construction

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The construction site at 4910 Turner Road SE, at the corner of Kuebler and Turner.(Photo: KELLY JORDAN / STATESMAN JOURNAL)

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What's happening at the corner of Turner Road SE and Kuebler Blvd.? - Statesman Journal