Core & Main Inc reports results for the quarter ended January 31 - Earnings Summary

• Core & Main Inc CNM.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 34 cents to 38 cents per share.

• Revenue rose 17.9% to $1.70 billion from a year ago; analysts expected $1.67 billion.

• Core & Main Inc's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $64 million.

• Core & Main Inc shares had fallen by 2.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Core & Main Inc is $62.45

This summary was machine generated from LSEG data March 25 at 01:31 p.m. UTC. ​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)