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Stock impact report

Global Industrial Company (NYSE:GIC) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]

Global Industrial Company (GIC) 
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 5.6% to US$42.21 in the past week. It was a credible result overall, with revenues of US$1.3b and statutory earnings per share of US$1.84 both in line with analyst estimates, showing that Global Industrial is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Global Industrial after the latest results. View our latest analysis for Global Industrial Taking into account the latest results, the current consensus from Global Industrial's two analysts is for revenues of US$1.37b in 2024. This would reflect an okay 7.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicte Show less Read more
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