Core & Main (CNM) Matches Q1 Earnings Estimates

Financial Performance - Core & Main reported quarterly earnings of $0.52 per share, matching the Zacks Consensus Estimate, and an increase from $0.49 per share a year ago [1] - The company posted revenues of $1.91 billion for the quarter ended April 2025, exceeding the Zacks Consensus Estimate by 4.29%, compared to $1.74 billion in the same quarter last year [2] - Over the last four quarters, Core & Main has surpassed consensus revenue estimates three times [2] Stock Performance - Core & Main shares have increased approximately 16.5% since the beginning of the year, significantly outperforming the S&P 500's gain of 2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.75 on revenues of $2.11 billion, and for the current fiscal year, it is $2.43 on revenues of $7.71 billion [7] - The trend of estimate revisions for Core & Main is mixed, which may change following the recent earnings report [6] Industry Context - Core & Main operates within the Manufacturing - Tools & Related Products industry, which is currently ranked in the bottom 11% of over 250 Zacks industries [8] - Historical data indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8]