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Stock impact report

Why Core & Main (CNM) Dipped More Than Broader Market Today [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 0.22%. Meanwhile, the Dow experienced a rise of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.52%. Heading into today, shares of the distributor of water and fire protection products had lost 1.33% over the past month, outpacing the Business Services sector's loss of 4.96% and the S&P 500's loss of 1.66% in that time. The upcoming earnings release of Core & Main will be of great interest to investors. The company is expected to report EPS of $0.51, up 2% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $1.72 billion, indicating a 9.34% upward movement from the same quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.59 per share and revenue of $7.54 billion. These totals would mark changes of +20.47% and +12.57%, respectively, from last year. Investors might also notice recent cha Show less Read more
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