Global Industrial Co expected to post earnings of 28 cents a share - Earnings Preview

Global Industrial

21/02/2025 22:02

* Global Industrial Co  GIC.N   GIC  is expected to show a
fall in
quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The Port Washington New York-based  company is expected to
report a 4.4% decrease in revenue to $306.068 million from
$320.1 million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on November
20 2024, for the period ended December 31, was for revenue
between $243.00 million and $255.00 million.
    * ​LSEG's mean analyst estimate for Global Industrial Co is
for
earnings of 28 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Global
Industrial
Co is $40.00​, above​ its last closing price of $23.99. ​​​

The company's guidance on November 20 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD243 million and
USD57.5 million.
This summary was machine generated February 21 at 22:02 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)