Global Industrial (GIC) Lags Q4 Earnings and Revenue Estimates

Financial Performance - Global Industrial reported quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share, and down from $0.40 per share a year ago, representing an earnings surprise of -3.57% [1] - The company posted revenues of $302.3 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.23%, and down from $320.1 million year-over-year [2] - Over the last four quarters, Global Industrial has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - Global Industrial shares have declined approximately 4.1% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current Zacks Rank for Global Industrial is 5 (Strong Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $320.88 million, and for the current fiscal year, it is $1.66 on revenues of $1.37 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock movements [6] Industry Context - The Industrial Services industry, to which Global Industrial belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]