GMS Inc expected to post earnings of $1.61 a share - Earnings Preview

GMS

27/02/2024 15:44

* GMS Inc  GMS.N   GMS  is expected to show a rise in
quarterly
revenue when it reports  results on February 29 for the period
ending January 31 2024
    * The Tucker Georgia-based  company is expected to report a
2.5% increase in revenue to $1.266 billion from $1.23 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on December 7 2023, for the
period ended January 31, was for revenue between $1.25 billion
and $1.27 billion.
    * ​LSEG's mean analyst estimate for GMS Inc is for earnings
of
$1.61 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GMS Inc is
$85.00​, below​ its last closing price of $91.12. ​​​

The company's guidance on December 7 2023 for the period ended
January 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.24696418 billion and USD127
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  2.26        2.26       2.30      Beat    1.9
 Jul. 31 2023  2.39        2.38       2.40      Beat    0.8
 Apr. 30 2023  1.89        1.89       2.11      Beat    11.4​
 Jan. 31 2023  1.86        1.86       1.85      Missed  -0.4
 ​​Oct.        2.34        2.34       2.79      Beat    19
 31 2022                                                
 Jul. 31 2022  2.25        2.25       2.43      Beat    8​
 Apr. 30 2022  1.89        1.88       2.09      Beat    11.4
 Jan. 31 2022  1.74        1.74       1.74      Met     0.1
 This summary was machine generated February 27 at 15:43 GMT. 
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)