CSW Industrials Inc reports results for the quarter ended in June - Earnings Summary

CSW Industrials

31/07/2024 14:53

* CSW Industrials Inc  CSWI.OQ  reported quarterly adjusted
earnings of $2.47​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $1.97.  The mean expectation of three analysts
for the quarter was for earnings of $2.18 per share. Wall Street
expected results to range from $2.12  to $2.25 per share.
    * Revenue rose 11.2% to $226.18 million from a year ago;
analysts
expected $215.13 million. 
    * CSW Industrials Inc's reported EPS for the quarter was
$2.47​.
    * The company reported quarterly net income of $38.59
million.
    * CSW Industrials Inc shares had risen by 12.9% this
quarter and
gained 44.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for CSW Industrials
Inc is $276.00 
This summary was machine generated from LSEG data July 31 at
01:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      2.18           2.47           Beat
 Mar. 31 2024      1.84           2.04           Beat
 Dec. 31 2023                     0.59           
 Sep. 30 2023      1.98           1.93           Missed