Core & Main Inc reports results for the quarter ended in July - Earnings Summary

Core & Main

06/09/2023 14:31

* Core & Main Inc  CNM.N  reported quarterly adjusted
earnings of
75 cents​​ per share for the quarter ended in July. The mean
expectation of thirteen analysts for the quarter was
for earnings of 68 cents per share.
    * Revenue held steady 0% to $1.86 billion from a year ago;
analysts expected $1.88 billion. 
    * Core & Main Inc's reported EPS for the quarter was 66
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Core & Main Inc shares had risen by 0.8% this quarter and
gained 63.6% so far this year.
    * The company reported quarterly net income of $150 million.
    * Wall Street's median 12-month price target for Core & Main
Inc
is $34.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 6 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.68           0.75           Beat
 Apr. 30 2023      0.47           0.51           Beat
 Jan. 31 2023      0.32           0.35           Beat
 Oct. 31 2022      0.57           0.67           Beat