GMS Reports Second Quarter Fiscal 2020 Results
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GMS Inc. (GMS) Tops Q2 EPS by 1c, Revenues Beat
December 5, 2019 6:01 AM ESTGMS Inc. (NYSE: GMS) reported Q2 EPS of $1.00, $0.01 better than the analyst estimate of $0.99. Revenue for the quarter came in at $861.9 million versus the consensus estimate of $859.95 million.
Second Quarter Fiscal 2020 Highlights
Net sales of $861.9 million increased 3.4% from $833.8 million in the second quarter of the prior fiscal year. Organic net sales increased 2.7% year over year.Reported net income of $29.1 million, or $0.68 per diluted share, compared to $24.9 million, or $0.58 per diluted share, in the second quarter of the prior fiscal year.Adjusted net income of $42.7 million, or $1.00... More