Core & Main Earnings Preview
Portfolio Pulse from Benzinga Insights
Core & Main (NYSE:CNM) is scheduled to release its quarterly earnings report on March 19, 2024, with an expected EPS of $0.35. Despite missing the EPS estimate last quarter, the company's stock price increased by 2.03% the following day. Historically, Core & Main's stock performance has been positive, with a 136.8% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
March 18, 2024 | 2:00 pm
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Core & Main is expected to report an EPS of $0.35 for the upcoming quarter. Despite a miss in the last quarter, the stock price increased, and the company has seen a significant 136.8% rise over the past year.
Given Core & Main's positive historical stock performance and the anticipation of future guidance, the upcoming earnings report is likely to have a positive short-term impact on CNM's stock price. The company's ability to exceed or meet earnings expectations, coupled with forward-looking statements, can influence investor sentiment and stock price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100