Global Industrial Co expected to post earnings of 38 cents a share - Earnings Preview

Global Industrial

26/04/2024 22:05

* Global Industrial Co  GIC.N   GIC  is expected to show a
rise in
quarterly revenue when it reports  results on April 30 for the
period ending March 31 2024
    * The Port Washington New York-based  company is expected to
report a 17.7% increase in revenue to $322.269 million from
$273.8 million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Global Industrial Co is
for
earnings of 38 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 $48.00​, above​ its last closing price of $40.45. ​​​

This summary was machine generated April 26 at 21:05 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)