Global Industrial Co reports results for the quarter ended in December - Earnings Summary

Global Industrial

21/02/2023 23:30

* Global Industrial Co  GIC.N  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 35 cents per share.
    * Revenue fell 0.6% to $260.50 million from a year ago;
analysts
expected $257.28 million. 
    * Global Industrial Co's reported EPS for the quarter was 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Global Industrial Co shares had risen by 23.2% this
quarter.
    * The company reported quarterly net income of $13.8
million.
    * Wall Street's median 12-month price target for Global
Industrial
Co is $48.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 11:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.35           0.35           Met
 Sep. 30 2022      0.59           0.53           Missed
 Jun. 30 2022      0.61           0.59           Missed
 Mar. 31 2022      0.37           0.57           Beat