GMS Inc. (NYSE:GMS) posted better-than-expected fourth-quarter fiscal 2025 results on Wednesday.
Topping analyst estimates of $1.30 billion, the company announced quarterly net sales of $1.33 billion, a 5.6% decrease from a year ago. The specialty building products distributor's adjusted EPS of $1.29 was above the consensus of $1.11.
"We reported solid results for our fourth quarter and full-year fiscal 2025 despite the deterioration in end-market conditions as we moved through the year," commented John C. Turner, Jr., president and CEO of GMS, regarding the company's performance.
On Thursday, GMS also confirmed the receipt of $95.20 per share unsolicited buyout proposal from QXO.
GMS shares rose 28.3% to trade at $103.92 on Friday.
These analysts made changes to their price targets on GMS following earnings announcement.
Considering buying GMS stock? Here’s what analysts think:
Read This Next:
Photo via Shutterstock
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。