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

GMS

02/03/2023 14:33

* GMS Inc  GMS.N  reported quarterly adjusted earnings of
$1.85​​
per share for the quarter ended in January. The mean expectation
of eight analysts for the quarter was for earnings of $1.86 per
share.
    * Revenue rose 7% to $1.23 billion from a year ago; analysts
expected $1.21 billion. 
    * GMS Inc's reported EPS for the quarter was $1.53​.
    * The mean earnings estimate of analysts had risen by
about 13.7%
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 24.7% this quarter.
    * The company reported quarterly net income of $64.78
million.
    * Wall Street's median 12-month price target for GMS Inc is
$60.00
    * 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 Refinitiv data March 2
at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      1.86           1.85           Missed
 Oct. 31 2022      2.34           2.79           Beat
 Jul. 31 2022      2.25           2.43           Beat
 Apr. 30 2022      1.88           2.09           Beat