GMS Inc expected to post earnings of $2.38 a share - Earnings Preview

GMS

29/08/2023 14:51

* GMS Inc  GMS.N   GMS  is expected to show a rise in
quarterly
revenue when it reports  results on August 31. 
    * The Tucker Georgia-based  company is expected to report  a
1.7% increase in revenue to $1.383 billion from $1.36 billion a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GMS Inc is for
earnings
of $2.38 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
$76​,
above​ its last closing price of $70.79. ​​​

The company's guidance on June 22 2023 for the period ended July
31 was for gross profit margin of 32%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.25        2.25       2.43      Beat    8
 ​​Apr.        1.89        1.88       2.09      Beat    11.4
 30 2022                                                
 Jan. 31 2022  1.74        1.74       1.74      Met     0.1​
 Oct. 31 2021  1.60        1.60       2.00      Beat    25.2
 Jul. 31 2021  1.26        1.26       1.67      Beat    32.8
 This summary was machine generated August 29 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated