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

Global Industrial

03/05/2023 24:18

* Global Industrial Co  GIC.N  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 39 cents per share.
    * Revenue fell 5.1% to $273.80 million from a year ago;
analysts
expected $279.25 million. 
    * Global Industrial Co's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
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 0.5% this
quarter and
gained 13.5% so far this year.
    * The company reported quarterly net income of $13.2
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 LSEG Refinitiv data May
2 at 11:17 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.39           0.35           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