The highly anticipated financial results for the third quarter of Global Industrial Company (NYSE: GIC) are scheduled to be disclosed on Tuesday 29th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
the firm is poised to announce an estimated $0.58 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $356.37 million for this period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.54. Notably, the company's total revenue reached an impressive $354.6 million during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $1.36 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $1.93 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.52 | -7.1% | 347.80 M | +6.8% |
| Q1 2024 | $0.34 | -2.9% | 323.40 M | +18.1% |
| Q4 2023 | $0.40 | +14.3% | 320.10 M | +22.9% |
| Q3 2023 | $0.54 | +1.9% | 354.60 M | +18.8% |
| Q2 2023 | $0.56 | -5.1% | 325.80 M | +2.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
Global Industrial Company (GIC) closed Friday's regular trading session at $33.52, demonstrating a 0.06 percent drop. The stock fluctuated between $33.37 and $34.10 during the day, with a volume of 47.50 thousand shares.
