Global Industrial Co expected to post earnings of 56 cents a share - Earnings Preview

Global Industrial

30/10/2021 03:06

* Global Industrial Co  GIC.N   GIC  is expected to show a rise
in quarterly revenue when it reports results on November 2. 
* The Port Washington, New York-based company is expected to
report  a 2.3% increase in revenue to $292.207 million from
$285.7 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 56 cents per share. For the same quarter last
year, the company reported earnings of 64 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 5.3% in the last three months. ​
* Wall Street's median 12-month price target for Global
Industrial Co is $47​, about 13.7% above​ its last closing price
of $40.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.36        0.36       0.55      Beat    52.8
 Mar. 31 2021  0.33        0.33       0.14      Missed  -56.9
 Dec. 31 2020  0.45        0.45       0.42      Missed  -5.6​
 Sep. 30 2020  0.41        0.41       0.64      Beat    58
 Jun.          0.20​       0.20       0.41      Beat    105​
 30​ 2020​                                              
 Mar. 31 2020  0.26        0.26       0.21      Missed  -19.2​
 Dec. 31 2019  0.25        0.25       0.30      Beat    22.4
 Sep. 30 2019  0.36        0.37       0.36      Missed  -2.7
 This summary was machine generated October 30 at 02:06 GMT.  All
figures in US dollars unless otherwise stated