• Global Industrial Co GIC.N reported quarterly adjusted earnings of 48 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of two analysts for the quarter was for earnings of 59 cents per share. Wall Street expected results to range from 56 cents to 61 cents per share.

• Revenue rose 3.3% to $353.60 million from a year ago; analysts expected $357.00 million.

• Global Industrial Co's reported EPS for the quarter was 48 cents​.

• The company reported quarterly net income of $18.8 million.

• Global Industrial Co shares had fallen by 4.9% this quarter and gained 40.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified industrial goods wholesale peer group is "buy."

• Wall Street's median 12-month price target for Global Industrial Co is $38.00, about 7.6% above its last closing price of $35.11

This summary was machine generated from LSEG data October 28 at 10:44 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)