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Stock impact report

Core & Main (CNM) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily loss of 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%. The distributor of water and fire protection products's stock has climbed by 13.72% in the past month, exceeding the Business Services sector's loss of 1.27% and the S&P 500's gain of 1.6%. Market participants will be closely following the financial results of Core & Main in its upcoming release. In that report, analysts expect Core & Main to post earnings of $0.51 per share. This would mark year-over-year growth of 2%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.72 billion, indicating a 9.34% increase compared to the same quarter of the previous year. For the full year, the Zacks Consensus Estimates are projecting earnings of $2.59 per share and revenue of $7.54 billion, which would represent changes of +20.47% and +12.57%, respectively, from the prior year. Investors might also notice recent changes to a Show less Read more
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