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

Global Industrial

01/11/2022 22:33

* Global Industrial Co  GIC.N  reported quarterly adjusted
earnings of 53 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 59 cents per share.
    * Revenue rose 7.6% to $298.50 million from a year ago;
analysts
expected $316.12 million. 
    * Global Industrial Co's reported EPS for the quarter was 53
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Global Industrial Co shares had risen by 18.3% this
quarter and
lost 22.4% so far this year.
    * The company reported quarterly net income of $20.2
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 Refinitiv data November
1 at 10:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.59           0.53           Missed
 Jun. 30 2022      0.61           0.59           Missed
 Mar. 31 2022      0.37           0.57           Beat
 Dec. 31 2021      0.44           0.53           Beat