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Stock impact report

Why the Market Dipped But Core & Main (CNM) Gained Today [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%. Prior to today's trading, shares of the distributor of water and fire protection products had lost 2.25% over the past month. This has was narrower than the Business Services sector's loss of 6.97% and the S&P 500's loss of 4.05% in that time. The upcoming earnings release of Core & Main will be of great interest to investors. Simultaneously, our latest consensus estimate expects the revenue to be $1.72 billion, showing a 9.34% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.59 per share and a revenue of $7.54 billion, signifying shifts of +20.47% and +12.57%, respectively, from the last year. Investors might also notice recent changes to analyst estimates for Core & Main. These revisions help to show the ever-changing nature of near-term business trends. Therefore, pos Show less Read more
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