GMS Inc expected to post earnings of $2.26 a share - Earnings Preview

GMS

05/12/2023 13:42

* GMS Inc  GMS.N   GMS  is expected to show a fall in
quarterly
revenue when it reports  results on December 7 for the period
ending July 31 2023
    * The Tucker Georgia-based  company is expected to report a
3.7% decrease in revenue to $1.377 billion from $1.43 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on August 31 2023, for the
period ended October 31, was for revenue between $1.39 billion
and $1.42 billion.
    * ​LSEG's mean analyst estimate for GMS Inc is for earnings
of
$2.26 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
$82.00​, above​ its last closing price of $71.80. ​​​

The company's guidance on August 31 2023 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.38804963 billion and USD165
million.The company's guidance on August 31 2023 for the period
ended October 31 was for gross profit margin of USD32%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  2.34        2.34       2.79      Beat    19
 ​​Jul.        2.25        2.25       2.43      Beat    8
 31 2022                                                
 Apr. 30 2022  1.89        1.88       2.09      Beat    11.4​
 Jan. 31 2022  1.74        1.74       1.74      Met     0.1
 Oct. 31 2021  1.60        1.60       2.00      Beat    25.2
 This summary was machine generated December 5 at 13:42 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)