Global Industrial Co expected to post earnings of 40 cents a share - Earnings Preview

Global Industrial

16/02/2024 22:59

* Global Industrial Co  GIC.N   GIC  is expected to show a
rise in
quarterly revenue when it reports  results on February 19
(estimated) for the period ending December 31 2023
    * The Port Washington New York-based  company is expected to
report a 20.3% increase in revenue to $313.494 million from
$260.5 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 40 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 $45.03. ​​​

This summary was machine generated February 16 at 22:59 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)