Core & Main Inc expected to post earnings of 74 cents a share - Earnings Preview

Core & Main

02/09/2024 13:38

* Core & Main Inc  CNM.N   CNM  is expected to show a rise
in
quarterly revenue when it reports  results on September 4 for
the period ending July 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
10.7% increase in revenue to $2.059 billion from $1.86 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Core & Main Inc is for
earnings of 74 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 $62.00​, above​ its last closing price of $48.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.51        0.51       0.52      Beat    1.3
 Jan. 31 2024  0.35        0.35       0.38      Beat    7.4
 Jan. 1 0001   0.69        0.69       0.73      Beat    6.2​
 Jul. 31 2023  0.68        0.68       0.75      Beat    9.8
 ​​Apr.        0.46        0.47       0.51      Beat    9.6
 30 2023                                                
 Jan. 31 2023  0.33        0.32       0.35      Beat    8.6​
 Oct. 31 2022  0.58        0.57       0.67      Beat    17.5
 Jul. 31 2022  0.48        0.47       0.69      Beat    45.4
 This summary was machine generated September 2 at 12:38 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)