Core & Main Inc expected to post earnings of 52 cents a share - Earnings Preview

Core & Main

31/05/2024 13:35

* Core & Main Inc  CNM.N   CNM  is expected to show a rise
in
quarterly revenue when it reports  results on June 4 for the
period ending April 30 2024
    * The St. Louis Missouri-based  company is expected to
report a
9.3% increase in revenue to $1.72 billion from $1.57 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Core & Main Inc is for
earnings of 52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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 $64.00​, above​ its last closing price of $57.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.35        0.35       0.38      Beat    7.4
 Oct. 31 0001  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.        0.33        0.32       0.35      Beat    8.6
 31 2023                                                
 Jan. 1 0001   0.58        0.57       0.67      Beat    17.5​
 Jan. 1 0001   0.48        0.47       0.69      Beat    45.4
 Apr. 30 2022  0.36        0.35       0.36      Beat    2
 This summary was machine generated May 31 at 12:35 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)