Core & Main Analysts Slash Their Forecasts After Q4 Results
Core & MainCore & Main(US:CNM) Benzinga·2026-03-25 20:16

Core Insights - Core & Main, Inc. reported mixed results for Q4, with adjusted EPS of 52 cents, exceeding market estimates of 42 cents, while quarterly sales were $1.581 billion, falling short of expectations of $1.599 billion [1] - The company projects FY2026 sales between $7.800 billion and $7.900 billion, compared to estimates of $7.994 billion [1] Company Performance - Fiscal 2025 marked the 16th consecutive year of sales growth for Core & Main, reflecting business resilience and strong end markets [2] - Following the earnings announcement, Core & Main shares experienced a slight decline of 0.1%, closing at $50.57 [2] Analyst Ratings - Barclays analyst Matthew Bouley maintained an Overweight rating on Core & Main, lowering the price target from $63 to $62 [3] - Deutsche Bank analyst Collin Verron also maintained a Buy rating, reducing the price target from $65 to $62 [3]

Core & Main Analysts Slash Their Forecasts After Q4 Results - Reportify