News sentiment analysis of Building materials industry in US market, May 01 – May 07, 2018
The dashboard allows a quick view of industry level in meaner of news sentiment score and returns for the companies within the industry. In this example, we analyze the news sentiment of Building materials industry in US market, May 01 – May 07, 2018
The industry looks bullish as the majority of companies within the industry and got either bullish or bearish related news, are having news sentiment score above 0.5 which is the divider between bearish news sentiment and bullish news sentiment. The industry news sentiment for the period was 0.69 and 1.93% return.
The industry is led by Griffon (GFF) with 0.76 news sentiment score and 10.55% return after the company’ second-quarterer revenue increased 25% over the prior year quarter, driven by both acquisitions and organic growth in our Home & Building Products segment which as expected was partially offset by reduced revenue in Telephonics. Vulcan Materials (VMC) as the company got news sentiment score of 0.75 and 10.43% return after profit came in at $52.98 million, or $0.39 per share. This compares with $44.92 million, or $0.33 per share, in last year’s first quarter.
MDU Resources Group (MDU) got news sentiment score of 0.75 and 2.66% after the company reported first-quarter earnings of $42.4 million, or 22 cents per share, compared to $37.2 million, or 19 cents per share, in 2017.
Looking at the recent industry news sentiment score (0.69) suggests continuing the bullish trend
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