Why Shares of Cornerstone Building Brands Are Up Today

Lou Whiteman, The Motley Fool
·2-min read
Why Shares of Cornerstone Building Brands Are Up Today

Cornerstone Building Brands' (NYSE: CNR) fourth-quarter earnings came in slightly below Wall Street expectations. On Wednesday night Cornerstone reported fourth-quarter earnings of $0.01 per share, well below the $0.11-per-share analyst estimate. Cornerstone is a supplier of exterior construction materials, and said its results were impacted by lower end-market demand in some segments due to the pandemic.