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

GMS

31/08/2023 14:31

* GMS Inc  GMS.N  reported quarterly adjusted earnings of
$2.40​​
per share for the quarter ended in July. The mean expectation of
nine analysts for the quarter was for earnings of $2.38 per
share.
    * Revenue rose 3.7% to $1.41 billion from a year ago;
analysts
expected $1.38 billion. 
    * GMS Inc's reported EPS for the quarter was $2.09​.
    * The mean earnings estimate of analysts had risen by
about 26.3%
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 6.9% this quarter and
gained 48.6%
so far this year.
    * The company reported quarterly net income of $86.83
million.
    * Wall Street's median 12-month price target for GMS Inc is
$76.00
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      2.38           2.40           Beat
 Apr. 30 2023      1.89           2.11           Beat
 Jan. 31 2023      1.86           1.85           Missed
 Oct. 31 2022      2.34           2.79           Beat