GMS Reports Results for Second Quarter 2019

Go back to GMS Reports Results for Second Quarter 2019

GMS Inc. (GMS) PT Lowered to $25 at RBC Capital

December 6, 2018 7:18 AM EST

RBC Capital analyst Mike Dahl lowered the price target on GMS Inc. (NYSE: GMS) to $25.00 (from $30.00) while maintaining a Outperform rating.

Dahl notes strong cost control offsets lower GM.

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GMS Inc. (GMS) Misses Q2 EPS by 4c, Revenues Beat

December 4, 2018 6:06 AM EST

GMS Inc. (NYSE: GMS) reported Q2 EPS of $0.89, $0.04 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $833.8 million versus the consensus estimate of $832.36 million.

Mike Callahan, President and CEO of GMS, stated, We delivered a strong fiscal second quarter highlighted by record net sales and adjusted EBITDA. Our organic sales increased 8.7% year-over-year,... More