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Stock impact report

Core & Main (CNM) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily loss of 2.71%. Elsewhere, the Dow saw a downswing of 1.9%, while the tech-heavy Nasdaq depreciated by 3.56%. Prior to today's trading, shares of the distributor of water and fire protection products had gained 3.15% outpaced the Industrial Products sector's gain of 1.97% and lagged the S&P 500's gain of 3.5%. 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 $0.72 per share. This would mark year-over-year growth of 4.35%. Meanwhile, our latest consensus estimate is calling for revenue of $2.08 billion, up 2.03% from the prior-year quarter. CNM's full-year Zacks Consensus Estimates are calling for earnings of $2.24 per share and revenue of $7.67 billion. These results would represent year-over-year changes of +5.16% and +3.02%, respectively. Any recent changes to analyst estimates for Core & Main should Show less Read more
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