Core & Main Q2 EPS $0.66 Misses $0.68 Estimate, Sales $1.86B Miss $1.88B Estimate
Portfolio Pulse from Benzinga Newsdesk
Core & Main (NYSE:CNM) reported Q2 earnings of $0.66 per share, missing the analyst consensus estimate of $0.68 by 2.94%. This is a 1.49% decrease from the same period last year. The company also reported quarterly sales of $1.86 billion, missing the analyst consensus estimate of $1.88 billion by 1.01%. This is the same as the same period last year.
September 06, 2023 | 11:30 am
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Core & Main's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Core & Main's earnings and sales for Q2 missed analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100