Global Industrial Co reports results for the quarter ended in March

G. Samdani Avatar



Global Industrial Co reports results for the quarter ended in March – Earnings Summary

XM does not provide services to residents of the United States of America.


Global Industrial Co reports results for the quarter ended in March – Earnings Summary

Global Industrial Co reports results for the quarter ended in March – Earnings Summary
  • Global Industrial Co GIC.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of two analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 34 cents to 42 cents per share.

  • Revenue rose 18.1% to $323.40 million from a year ago; analysts expected $322.27 million.

  • Global Industrial Co’s reported EPS for the quarter was 34 cents​.

  • The company reported quarterly net income of $13.2 million.

  • Global Industrial Co shares had fallen by 12.0% this quarter and gained 1.4% so far this year.


  • The mean earnings estimate of analysts had fallen by about 19.1% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.


  • The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 1 “hold” and no “sell” or “strong sell.”

  • Wall Street’s median 12-month price target for Global Industrial Co is $48.00

This summary was machine generated from LSEG data April 30 at 11:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact For any other questions or feedback, contact





Mar. 31 2024




Dec. 31 2023




Sep. 30 2023




Jun. 30 2023




Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *