Global Industrial Co (GIC, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $356.37 million, and the earnings are expected to come in at $0.61 per share. The full year 2024's revenue is expected to be $1.36 billion and the earnings are expected to be $1.97 per share. More detailed estimate data can be found on the Forecast page.
Global Industrial Co (GIC, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Global Industrial Co (GIC) for the full year 2024 have declined from $1.37 billion to $1.36 billion, and for 2025 have declined from $1.45 billion to $1.43 billion. Earnings estimates have increased from $1.93 per share to $1.97 per share for the full year 2024, but have declined from $2.29 per share to $2.24 per share for 2025.
Global Industrial Co (GIC, Financial) Reported History
In the previous quarter of 2024-06-30, Global Industrial Co's (GIC) actual revenue was $347.80 million, which missed analysts' revenue expectations of $348.84 million by -0.3%. Global Industrial Co's (GIC) actual earnings were $0.52 per share, which met analysts' earnings expectations. After releasing the results, Global Industrial Co (GIC) was down by -2.57% in one day.
Global Industrial Co (GIC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Global Industrial Co (GIC) is $45 with a high estimate of $45 and a low estimate of $45. The average target implies an upside of 34.25% from the current price of $33.52.
Based on GuruFocus estimates, the estimated GF Value for Global Industrial Co (GIC, Financial) in one year is $40.92, suggesting an upside of 22.08% from the current price of $33.52.
Based on the consensus recommendation from 1 brokerage firm, Global Industrial Co's (GIC, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
