Core & Main Analysts Cut Their Forecasts After Q2 Results

Benzinga

Sep 10

Core & Main, Inc. (NYSE:CNM) reported mixed second-quarter financial results and narrowed its FY25 sales guidance below estimates on Tuesday.

Core & Main reported quarterly earnings of 87 cents per share which beat the analyst consensus estimate of 79 cents per share. The company reported quarterly sales of $2.093 billion which missed the analyst consensus estimate of $2.138 billion.

Core & Main narrowed its FY2025 sales guidance from $7.600 billion-$7.800 billion to $7.600 billion-$7.700 billion.

“I am proud of our associates’ dedication to supporting customers in delivering critical infrastructure projects,” said Mark Witkowski, CEO of Core & Main.

Core & Main shares fell 0.1% to $49.68 in the pre-market trading session.

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

RBC Capital analyst Mike Dahl maintained Core & Main with an Outperform rating and lowered the price target from $67 to $62.
Barclays analyst Matthew Bouley maintained the stock with an Overweight rating and cut the price target from $69 to $65.

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

Read This Next:

Oxford Industries Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2566560619"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2566560619\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2566560619?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-10 20:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2566560619","market":"hk","top_or_hot":-1,"title":"Core & Main Analysts Cut Their Forecasts After Q2 Results","media":"Benzinga","content":"<html><body><p><strong>Core &amp; Main, Inc</strong>. (NYSE:CNM) reported mixed second-quarter financial results and narrowed its FY25 sales guidance below estimates on Tuesday.</p>\n<p>Core &amp; Main reported quarterly earnings of 87 cents per share which beat the analyst consensus estimate of 79 cents per share. The company reported quarterly sales of $2.093 billion which missed the analyst consensus estimate of $2.138 billion.</p>\n<p>Core &amp; Main narrowed its FY2025 sales guidance from $7.600 billion-$7.800 billion to $7.600 billion-$7.700 billion.</p>\n<p>“I am proud of our associates’ dedication to supporting customers in delivering critical infrastructure projects,” said Mark Witkowski, CEO of Core &amp; Main.</p>\n<p>Core &amp; Main shares fell 0.1% to $49.68 in the pre-market trading session.</p>\n<p>These analysts made changes to their price targets on Core &amp; Main following earnings announcement.</p>\n<ul>\n<li>RBC Capital analyst Mike Dahl maintained Core &amp; Main with an Outperform rating and lowered the price target from $67 to $62.</li>\n<li>Barclays analyst Matthew Bouley maintained the stock with an Overweight rating and cut the price target from $69 to $65.</li>\n</ul>\n<p><strong>Considering buying CNM stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"603\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-1024x603.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-1024x603.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-300x177.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-768x452.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161.png 1116w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Oxford Industries Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts</strong></li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Core & Main Analysts Cut Their Forecasts After Q2 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCore & Main Analysts Cut Their Forecasts After Q2 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-09-10 20:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Core &amp; Main, Inc</strong>. (NYSE:CNM) reported mixed second-quarter financial results and narrowed its FY25 sales guidance below estimates on Tuesday.</p>\n<p>Core &amp; Main reported quarterly earnings of 87 cents per share which beat the analyst consensus estimate of 79 cents per share. The company reported quarterly sales of $2.093 billion which missed the analyst consensus estimate of $2.138 billion.</p>\n<p>Core &amp; Main narrowed its FY2025 sales guidance from $7.600 billion-$7.800 billion to $7.600 billion-$7.700 billion.</p>\n<p>“I am proud of our associates’ dedication to supporting customers in delivering critical infrastructure projects,” said Mark Witkowski, CEO of Core &amp; Main.</p>\n<p>Core &amp; Main shares fell 0.1% to $49.68 in the pre-market trading session.</p>\n<p>These analysts made changes to their price targets on Core &amp; Main following earnings announcement.</p>\n<ul>\n<li>RBC Capital analyst Mike Dahl maintained Core &amp; Main with an Outperform rating and lowered the price target from $67 to $62.</li>\n<li>Barclays analyst Matthew Bouley maintained the stock with an Overweight rating and cut the price target from $69 to $65.</li>\n</ul>\n<p><strong>Considering buying CNM stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"603\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-1024x603.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-1024x603.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-300x177.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161-768x452.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/09/10082127/image-161.png 1116w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Oxford Industries Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts</strong></li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNM","symbol_name":"Core & Main, Inc.","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/25/09/47592152/core-main-analysts-cut-their-forecasts-after-q2-results","article_id":"2566560619","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566560619","pubTimestamp":1757506990,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CNM":"Core & Main, Inc.","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","BK4104":"贸易公司与经销商","BK4539":"次新股","LU2229751404.USD":"ALLIANZ GLOBAL WATER \"AT3\" (USD) ACC","LU2089279066.USD":"ALLIANZ GLOBAL WATER \"AT\" (USD) ACC","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","LU1923621640.USD":"Natixis Thematics Water R/A USD"},"translate_title":"第二季度业绩公布后，核心和主要分析师下调了预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNM":1},"content_text":"Core & Main, Inc. (NYSE:CNM) reported mixed second-quarter financial results and narrowed its FY25 sales guidance below estimates on Tuesday.\nCore & Main reported quarterly earnings of 87 cents per share which beat the analyst consensus estimate of 79 cents per share. The company reported quarterly sales of $2.093 billion which missed the analyst consensus estimate of $2.138 billion.\nCore & Main narrowed its FY2025 sales guidance from $7.600 billion-$7.800 billion to $7.600 billion-$7.700 billion.\n“I am proud of our associates’ dedication to supporting customers in delivering critical infrastructure projects,” said Mark Witkowski, CEO of Core & Main.\nCore & Main shares fell 0.1% to $49.68 in the pre-market trading session.\nThese analysts made changes to their price targets on Core & Main following earnings announcement.\n\nRBC Capital analyst Mike Dahl maintained Core & Main with an Outperform rating and lowered the price target from $67 to $62.\nBarclays analyst Matthew Bouley maintained the stock with an Overweight rating and cut the price target from $69 to $65.\n\nConsidering buying CNM stock? Here’s what analysts think: \n\nRead This Next: \n\nOxford Industries Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}