-+ 0.00%
-+ 0.00%
-+ 0.00%
Core & Main: Fiscal Q2 Earnings Snapshot
Share
Listen to the news

ST. LOUIS (AP) — ST. LOUIS (AP) — Core & Main Inc. (CNM) on Wednesday reported fiscal second-quarter earnings of $144 million.

The St. Louis-based company said it had net income of 77 cents per share. Earnings, adjusted for one-time gains and costs, came to 94 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.

The distributor of water and fire protection products posted revenue of $2.15 billion in the period.

Core & Main expects full-year revenue in the range of $7.8 billion to $7.9 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNM at https://www.zacks.com/ap/CNM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending