Core & Main, Inc. Q4 Profit Misses Estimates

Core & Main, Inc. (CNM) announced a profit for fourth quarter that missed the Street estimates.

The company's bottom line came in at $64 million, or $0.33 per share. This compares with $63 million, or $0.34 per share, last year.

Analysts on average had expected the company to earn $0.36 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 17.9% to $1.698 billion from $1.440 billion last year.

Core & Main, Inc. earnings at a glance (GAAP) :

-Earnings: $64 Mln. vs. $63 Mln. last year.
-EPS: $0.33 vs. $0.34 last year.
-Revenue: $1.698 Bln vs. $1.440 Bln last year.

by RTTNews Staff Writer

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