GMS (GMS) Q4 Earnings and Revenues Beat Estimates

Core Insights - GMS reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of $1.15 per share, but down from $1.93 per share a year ago, indicating a 33.2% year-over-year decline [1] - The company achieved revenues of $1.33 billion for the quarter, surpassing the Zacks Consensus Estimate by 2.81%, but down from $1.41 billion in the same quarter last year [2] - GMS shares have underperformed, losing approximately 13.7% year-to-date compared to a 1.7% gain in the S&P 500 [3] Earnings Performance - GMS has surpassed consensus EPS estimates only once in the last four quarters [2] - The recent earnings surprise was 12.17%, following a previous quarter where actual earnings were significantly below expectations, resulting in a -33.81% surprise [1][2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.65, with expected revenues of $1.42 billion, and for the current fiscal year, the EPS estimate is $6.11 on revenues of $5.53 billion [7] - The estimate revisions trend for GMS is mixed, leading to a Zacks Rank of 3 (Hold), suggesting the stock is expected to perform in line with the market [6] Industry Context - The Building Products - Retail industry, to which GMS belongs, is currently in the top 40% of over 250 Zacks industries, indicating a favorable industry outlook [8]