Global Industrial Co expected to post earnings of 43  cents a share - Earnings Preview

Global Industrial

29/07/2023 01:37

* Global Industrial Co  GIC.N   GIC  is expected to show a
fall in
quarterly revenue when it reports  results on August 1. 
    * The Port Washington New York-based  company is expected to
report  a 5.4% decrease in revenue to $301.424 million from
$318.5 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 43 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Global
Industrial
Co is $43​, above​ its last closing price of $28.36. ​​​

This summary was machine generated July 29 at 00:37 GMT.  All
figures in US dollars  unless otherwise stated