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

CSW Industrials

23/05/2024 14:31

* CSW Industrials Inc  CSWI.OQ  reported quarterly adjusted
earnings of $2.04​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $1.74.  The mean expectation of two analysts for
the quarter was for earnings of $1.84 per share. Wall Street
expected results to range from $1.82  to $1.86 per share.
    * Revenue rose 7.8% to $210.86 million from a year ago;
analysts
expected $203.90 million. 
    * CSW Industrials Inc's reported EPS for the quarter was
$2.04​.
    * The company reported quarterly net income of $31.76
million.
    * CSW Industrials Inc shares had risen by 5.5% this
quarter and
gained 19.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "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 $250.50 
This summary was machine generated from LSEG data May 23 at
01:31 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
 Mar. 31 2024      1.84           2.04           Beat
 Dec. 31 2023      1.17           0.59           Missed
 Sep. 30 2023      1.98           1.93           Missed
 Jun. 30 2023      1.93           1.97           Beat