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

Global Industrial

04/08/2021 01:58

* Global Industrial Co  GIC.N  reported quarterly adjusted
earnings of 55 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 36 cents per share.
* Revenue rose 12.6% to $272.60 million from a year ago; 
analysts expected $274.90 million. 
* Global Industrial Co's reported EPS for the quarter was 57
cents​.
* The mean earnings estimate of analysts had fallen by
about 5.3% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Global Industrial Co shares had risen by 5.6% this quarter and
gained 8.0% so far this year.
* The company reported quarterly net income of $22 million.
* Wall Street's median 12-month price target for Global
Industrial Co is $44.00 
* 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 August 4 at 12:58 a.m.  ​All
figures in US dollars unless otherwise stated