Continental Building Products, Inc. announced unaudited consolidated earnings results for the three months and nine months ended on September 30, 2018. For the three, the company's net sales were $131,234,000 as compared to $116,526,000 a year ago. Operating income was $26,971,000 as compared to $19,707,000 a year ago. Income before losses from equity method investment and provision for income taxes was $24,393,000 as compared to $16,865,000 a year ago. Income before provision for income taxes was $24,000,000 as compared to $16,661,000 a year ago. Net income was $18,564,000 as compared to $10,987,000 a year ago. Diluted net income per share was $0.50 as compared to $0.29 a year ago. Non-GAAP EBITDA was $38,551,000 as compared to $31,764,000 a year ago. Adjusted net income was $18,564,000 as compared to $10,987,000 a year ago. Adjusted earnings per share were $0.51 as compared to 0.29 a year ago.

For the nine months, the company's net sales were $387,304,000 as compared to $357,771,000 a year ago. Operating income was $78,293,000 as compared to $63,014,000 a year ago. Income before losses from equity method investment and provision for income taxes was $70,074,000 as compared to $53,415,000 a year ago. Income before provision for income taxes was $68,926,000 as compared to $53,386,000 a year ago. Net income was $54,105,000 as compared to $35,612,000 a year ago. Basic and diluted net income per share was $1.46 as compared to $0.91 a year ago. Net cash provided by operating activities was $84,054,000 as compared to $75,092,000 a year ago. Capital expenditure was $19,761,000 as compared to $14,077,000 a year ago. Non-GAAP EBITDA was $111,259,000 as compared to $98,831,000 a year ago. Adjusted net income was $54,105,000 as compared to $36,066,000 a year ago. Adjusted earnings per share were $1.46 as compared to 0.93 a year ago.

The company provided earnings guidance for the full year 2018. For the year, the company's capital expenditure is to be expected in the range of $28 million to $31 million. More specifically, The company expects to spend in the range of $14 million to $16 million for high-return capital spending, and expect to spend in the range of $14 million to $15 million for maintenance capital spending. Depreciation and amortization is expected to be in the range of $44 million to $45 million as compared to $43 million to $45 million. Effective tax rate is expected to be in the range of 21% to 22%.