GMS (GMS) Q3 Earnings and Revenues Lag Estimates

Company Performance - GMS reported quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $1.39 per share, and down from $1.60 per share a year ago, representing an earnings surprise of -33.81% [1] - The company posted revenues of $1.26 billion for the quarter ended January 2025, missing the Zacks Consensus Estimate by 2.44%, and unchanged from year-ago revenues [2] - Over the last four quarters, GMS has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - GMS shares have declined approximately 7.1% since the beginning of the year, compared to a decline of -0.7% for the S&P 500 [3] - The current Zacks Rank for GMS is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $1.87 on revenues of $1.41 billion, and for the current fiscal year, it is $7.26 on revenues of $5.62 billion [7] - The outlook for the Building Products - Retail industry, where GMS operates, is currently in the bottom 12% of over 250 Zacks industries, which may impact stock performance [8]