Global Industrial (GIC) Lags Q1 Earnings Estimates

Global Industrial (GIC) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.53%. A quarter ago, it was expected that this technology products marketer would post earnings of $0.40 per share when it actually produced earnings of $0.40, delivering no surprise.Over the last four quarters ...