Global Industrial Company reports results for the quarter ended June 30 - Earnings Summary
Global Industrial Company reports results for the quarter ended June 30 - Earnings Summary
Global Industrial Company GIC.N reported quarterly adjusted earnings of 96 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of two analysts for the quarter was for earnings of 54 cents per share. Wall Street expected results to range from 53 cents to 55 cents per share.
Revenue rose 7.7% to $386.60 million from a year ago; analysts expected $377.40 million.
Global Industrial Company's reported EPS for the quarter was 96 cents.
The company reported quarterly net income of $37.1 million.
Global Industrial Company shares had risen by 8.9% this quarter and gained 24.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified industrial goods wholesale peer group is "buy."
Wall Street's median 12-month price target for Global Industrial Company is $40.00, about 6.5% above its last closing price of $37.39
This summary was machine generated from LSEG data August 4 at 10:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.54 | 0.96 | Beat |
Mar. 31 2026 | 0.41 | 0.42 | Beat |
Dec. 31 2025 | 0.35 | 0.38 | Beat |
Sep. 30 2025 | 0.59 | 0.48 | Missed |
Recent news on Global Industrial
See all newsGlobal Industrial Company reports results for the quarter ended June 30 - Earnings Summary
Global Industrial Q2 sales rise, profit lifted by one-time tariff refund
Brief: Global Industrial Q2 Sales USD 386.6 Million
Global Industrial Co expected to post earnings of 54 cents a share - Earnings Preview
Global Industrial Q1 sales rise on price and volume gains