GMS Inc expected to post earnings of $1.89 a share - Earnings Preview

GMS

20/06/2023 13:36

* GMS Inc  GMS.N   GMS  is expected to show a fall in
quarterly
revenue when it reports  results on June 22. 
    * The Tucker Georgia-based  company is expected to report  a
1.4% decrease in revenue to $1.271 billion from $1.29 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. The company's guidance on March 2 2023, for
the period ended April 30, was for revenue between $1.26 billion
and $1.29 billion.
    * ​Refinitiv's mean analyst estimate for GMS Inc is for
earnings
of $1.89 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$67.5​, above​ its last closing price of $66.01. ​​​

The company's guidance on March 2 2023 for the period ended
April 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.26288 billion and USD144
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  1.86        1.86       1.85      Missed  -0.4
 Oct. 31 2023  2.34        2.34       2.79      Beat    19
 Jul. 31 2022  2.25        2.25       2.43      Beat    8​
 Apr. 30 2022  1.89        1.88       2.09      Beat    11.4
 ​​Jan.        1.74        1.74       1.74      Met     0.1
 31 2022                                                
 Oct. 31 2021  1.60        1.60       2.00      Beat    25.2​
 Jul. 31 2021  1.26        1.26       1.67      Beat    32.8
 Apr. 30 2021  0.84        0.82       1.07      Beat    30.3
 This summary was machine generated June 20 at 12:36 GMT.  All
figures in US dollars  unless otherwise stated