Core & Main Inc expected to post earnings of 35 cents a share - Earnings Preview

Core & Main

15/03/2024 12:52

* Core & Main Inc  CNM.N   CNM  is expected to show a rise
in
quarterly revenue when it reports  results on March 19 for the
period ending January 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
4.2% increase in revenue to $1.432 billion from $1.37 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Core & Main Inc is for
earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Core & Main
Inc
is $49.00​, below​ its last closing price of $50.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.69        0.69       0.73      Beat    6.2
 Jul. 31 2023  0.68        0.68       0.75      Beat    9.8
 Apr. 30 2023  0.46        0.47       0.51      Beat    9.6​
 Jan. 31 2023  0.33        0.32       0.35      Beat    8.6
 ​​Oct.        0.58        0.57       0.67      Beat    17.5
 31 2022                                                
 Jul. 31 2022  0.48        0.47       0.69      Beat    45.4​
 Apr. 30 2022  0.36        0.35       0.36      Beat    2
 Jan. 31 2022  0.22        0.22       0.31      Beat    39.9
 This summary was machine generated March 15 at 12:51 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)