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Stock impact report

Core & Main (CNM) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.33%. Coming into today, shares of the distributor of water and fire protection products had gained 0.51% in the past month. In that same time, the Industrial Products sector lost 0.73%, while the S&P 500 gained 0.41%. Market participants will be closely following the financial results of Core & Main in its upcoming release. The company is expected to report EPS of $0.65, unchanged from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $2 billion, indicating a 9.51% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $2.10 per share and revenue of $7.32 billion, which would represent changes of -2.33% and +9.21%, respectively, from the prior year. Investors should also note any r Show less Read more
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