Core & Main Q2 2024 GAAP EPS $0.61 Misses $0.73 Estimate, Sales $1.964B Miss $2.059B Estimate
Portfolio Pulse from Benzinga Newsdesk
Core & Main reported Q2 2024 earnings per share of $0.61, missing the analyst estimate of $0.73. Sales were $1.964 billion, below the expected $2.059 billion, but up 5.53% from last year.
September 04, 2024 | 11:32 am
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Core & Main's Q2 2024 earnings and sales both missed analyst estimates, with EPS at $0.61 and sales at $1.964 billion. Despite the miss, sales increased by 5.53% year-over-year.
Core & Main's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales growth of 5.53% may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100