Earnings Preview: Core & Main
Portfolio Pulse from Benzinga Insights
Core & Main (NYSE:CNM) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts expecting an EPS of $0.69. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, CNM's stock price has reacted variably to earnings releases, with a slight increase after a miss last quarter. Over the past 52 weeks, CNM shares have risen 72.56%, indicating a bullish sentiment among long-term shareholders.
December 04, 2023 | 3:00 pm
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Core & Main is expected to report an EPS of $0.69 for the quarter. A beat or positive guidance could positively impact the stock, while a miss or negative guidance could lead to a decline.
The stock price may react to the earnings report, but the historical data shows mixed reactions to past earnings performances. The recent stock performance has been strong, which may buffer any negative impact from a potential earnings miss. However, as guidance is often a key driver for stock movement post-earnings, any unexpected future outlook could significantly affect the stock price.
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IMPORTANCE 90
RELEVANCE 100