GMS Inc reports results for the quarter ended in April - Earnings Summary

GMS

22/06/2023 14:31

* GMS Inc  GMS.N  reported quarterly adjusted earnings of
$2.11​​
per share for the quarter ended in April. The mean expectation
of eight analysts for the quarter was for earnings of $1.89 per
share.
    * Revenue rose 1.2% to $1.30 billion from a year ago;
analysts
expected $1.27 billion. 
    * GMS Inc's reported EPS for the quarter was $1.80​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * GMS Inc shares had risen by 16.8% this quarter and
gained 35.7%
so far this year.
    * The company reported quarterly net income of $75.59
million.
    * Wall Street's median 12-month price target for GMS Inc is
$67.50
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
22 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      1.89           2.11           Beat
 Jan. 31 2023      1.86           1.85           Missed
 Oct. 31 2022      2.34           2.79           Beat
 Jul. 31 2022      2.25           2.43           Beat