GMS Reports Third Quarter Fiscal 2020 Results
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GMS Inc. (GMS) Tops Q3 EPS by 1c, Revenues Beat
March 5, 2020 6:03 AM ESTGMS Inc. (NYSE: GMS) reported Q3 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $761.4 million versus the consensus estimate of $757.72 million.
Third Quarter Fiscal 2020 Highlights
Net sales of $761.4 million increased 5.2% from $723.9 million in the third quarter of the prior fiscal year. Organic net sales increased 3.8% year over year.Reported net income of $10.9 million, or $0.25 per diluted share, compared to $5.8 million, or $0.14 per diluted share, in the third quarter of the prior fiscal year.Adjusted net income of $22.2 million, or $0.52 per diluted share,... More