Core & Main Analysts Slash Their Forecasts After Q4 Results

Benzinga Earnings
03/26

Core & Main, Inc. (NYSE:CNM) posted mixed results for the fourth quarter on Tuesday.

The company posted adjusted EPS of 52 cents, beating market estimates of 42 cents. The company’s quarterly sales came in at $1.581 billion, missing expectations of $1.599 billion.

Core & Main said it sees FY2026 sales of $7.800 billion-$7.900 billion, versus estimates of $7.994 billion.

“Fiscal 2025 marked our 16th consecutive year of sales growth, a result that reflects the resilience of our business, the long-term strength of our end markets and the disciplined execution by our teams across the country,” said Mark Witkowski, CEO of Core & Main.

Core & Main shares slipped 0.1% to close at $50.57 on Wednesday.

These analysts made changes to their price targets on Core & Main following earnings announcement.

  • Barclays analyst Matthew Bouley maintained Core & Main with an Overweight rating and lowered the price target from $63 to $62.
  • Deutsche Bank analyst Collin Verron maintained the stock with a Buy and lowered the price target from $65 to $62.

Considering buying CNM stock? Here’s what analysts think:

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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10