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

Global Industrial

04/05/2022 17:04

* Global Industrial Co  GIC.N  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 37 cents per share.
    * Revenue rose 14.9% to $288.60 million from a year ago; 
analysts
expected $263.20 million. 
    * Global Industrial Co's reported EPS for the quarter was 58
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Global Industrial Co shares had fallen by 5.5% this
quarter and
lost 25.5% 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 $51.00 
    * 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 May 4 at 04:04 p.m.  ​All
figures in US dollars unless otherwise stated