A Look Back at Infrastructure Distributors Stocks' Q2 Earnings: Core & Main (NYSE:CNM) Vs The Rest Of The Pack [Yahoo! Finance]
Core & Main, Inc. Class A (CNM)
Company Research
Source: Yahoo! Finance
Focusing on narrow product categories that can lead to economies of scale, infrastructure distributors sell essential goods that often enjoy more predictable revenue streams. For example, the ongoing inspection, maintenance, and replacement of pipes and water pumps are critical to a functioning society, rendering them non-discretionary. Lately, innovation to address trends like water conservation has driven incremental sales. But like the broader industrials sector, infrastructure distributors are also at the whim of economic cycles as external factors like interest rates can greatly impact commercial and residential construction projects that drive demand for infrastructure products. The 4 infrastructure distributors stocks we track reported a slower Q2. As a group, revenues missed analysts' consensus estimates by 1.7%. Stocks, especially growth stocks with cash flows further into the future, had a good end of 2023. On the other hand, this year has seen more volatile stock marke
Show less
Read more
Impact Snapshot
Event Time:
CNM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNM alerts
High impacting Core & Main, Inc. Class A news events
Weekly update
A roundup of the hottest topics
CNM
News
- Core & Main Completes Acquisition of Green Equipment CompanyBusiness Wire
- Core & Main: 40% Selloff Since May, But I Am Not Buying Yet [Seeking Alpha]Seeking Alpha
- Core & Main Completes Acquisition of GroGreen Solutions Georgia LLCBusiness Wire
- Why Investors Bailed on Core & Main Stock This Week [Yahoo! Finance]Yahoo! Finance
- Core & Main (CNM) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
CNM
Earnings
- 9/4/24 - Miss
CNM
Sec Filings
- 9/4/24 - Form 10-Q
- 9/4/24 - Form 8-K
- 7/24/24 - Form 4
- CNM's page on the SEC website