Global Industrial Co expected to post earnings of 39  cents a share - Earnings Preview

Global Industrial

29/04/2023 01:15

* Global Industrial Co  GIC.N   GIC  is expected to show a
fall in
quarterly revenue when it reports  results on May 2. 
    * The Port Washington New York-based  company is expected to
report  a 3.2% decrease in revenue to $279.25 million from
$288.6 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Global Industrial
Co is
for earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Global
Industrial
Co is $48​, above​ its last closing price of $26.65. ​​​

This summary was machine generated April 29 at 00:15 GMT.  All
figures in US dollars  unless otherwise stated