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Stock impact report

Core & Main (CNM) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
Core & Main missed analysts' revenue expectations by 4.5% last quarter, reporting revenues of $1.96 billion, up 5.5% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates. Is Core & Main a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Core & Main's revenue to grow 9% year on year to $1.99 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Core & Main has missed Wall Street's revenue estimates four times over the last two years. Looking at Core & Main's peers in the infrastructure distributors segment, some have already reported their Q3 results, giving us a hint as to what we ca Show less Read more
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