Core & Main (CNM) Lags Q1 Earnings Estimates

Core & Main (CNM) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.92%. A quarter ago, it was expected that this distributor of water and fire protection products would post earnings of $0.34 per share when it actually produced earnings of $0.34, delivering no surprise. Over the la ...