Core & Main, Inc. CNM will release earnings results for the third quarter, before the opening bell on Tuesday, Dec. 3.Analysts expect Core & Main to report quarterly earnings at 66 cents per share. That's up from 52 cents per share a year ago. The Saint Louis, Missouri-based company projects to report quarterly revenue of $1.99 billion, compared to $1.83 billion a year earlier, according to data from Benzinga Pro.On Nov. 7, Core & Main said it has closed its previously announced acquisition of substantially ...

The latest trading session saw Core & Main (CNM) ending at $42.73, denoting a -1.95% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.1%. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 0.06%.Heading into today, shares of the distributor of water and fire protection products had lost 1.07% over the past month, lagging the Industrial Products sector's gain of 4.85% and the S&P 500's gain of 4.37% in that time.Analysts and investors alik ...

In the latest market close, Core & Main (CNM) reached $46.09, with a -1.35% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.18%. Meanwhile, the Dow experienced a drop of 0.8%, and the technology-dominated Nasdaq saw an increase of 0.27%.Shares of the distributor of water and fire protection products have appreciated by 7.63% over the course of the past month, outperforming the Business Services sector's gain of 4.62% and the S&P 500's gain of 4.46%.The investment commun ...

Core & Main (CNM) closed at $43.45 in the latest trading session, marking a +1.73% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.71%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 0.6%. Heading into today, shares of the distributor of water and fire protection products had gained 12.04% over the past month, outpacing the Business Services sector's gain of 5.54% and the S&P 500's gain of 6.41% in that time. Market participants will b ...

DougVonGausig Core & Main, Inc. (NYSE:CNM) recently published their Q2 2024 results on September 4. On the day of the earnings release, the share price fell by over 15%, leaving shareholders questioning how much further it could drop until the end of the year. In this article, I will discuss Core & Main's recent performance, with a focus on the pressures and headwinds that the company is currently facing, including weather disruptions, lower steel pipe prices, and a slowdown in commercial projects. In the O ...

Analysts cut their price targets on the company in the wake of its disappointing quarter. It wasn't shaping up to be a good stretch of days for Core & Main (CNM 0.13%) shareholders. In the abbreviated trading week, the specialized industrial company's stock tumbled by almost 21%, according to data compiled by S&P Global Market Intelligence. The major news from the company during the period wasn't very encouraging, after all. Nor was the resulting clutch of analyst price target reductions. A quarter to forge ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Core & Main (CNM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Core & Main currently has an average brokerage recommendati ...

Key Takeaways Infrastructure company Core & Main missed profit and sales estimates as bad weather and macroeconomic conditions had an impact on its results. The supplier of pipes also cut its full-year guidance. Core & Main's stock dropped Wednesday, turning negative for the year so far. Shares of Core & Main (CNM), which supplies pipes for water, wastewater and other uses, posted worse-than-expected results and cut its outlook after it said bad weather and economic conditions affected sales. The news dragg ...

Fiscal 2024 Second Quarter Results SEPTEMBER 4, 2024 CAUTIONARY STATEMENTS Cautionary Note Regarding Forward-Looking Statements This presentation and accompanying discussion may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, all statements other than statements of historical or current facts relating to our intentions, beliefs, assumptions or current expectations concerning, among other ...

Core & Main, Inc. (NYSE:CNM) Q2 2024 Earnings Call Transcript September 4, 2024 8:30 AM ET Company Participants Robyn Bradbury - IR Steve LeClair - Chair and CEO Brad Cowles - President Mark Witkowski - CFO Conference Call Participants Kathryn Thompson - Thompson Research Group Dave Manthey - Baird Matthew Bouley - Barclays Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Mike Dahl - RBC Capital Markets Anthony Pettinari - Citi Patrick Baumann - JPMorgan David Ridley-Lane - Bank of America Operator He ...