GMS Reports Third Quarter Fiscal 2021 Results

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GMS Inc. (GMS) Tops Q3 EPS by 9c, Revenues Beat

March 4, 2021 6:02 AM EST

GMS Inc. (NYSE: GMS) reported Q3 EPS of $0.60, $0.09 better than the analyst estimate of $0.51. Revenue for the quarter came in at $751.2 million versus the consensus estimate of $728.44 million.

Third Quarter Fiscal 2021 Highlights

(Comparisons are to the third quarter of fiscal 2020, except where noted.)

Net sales of $751.2 million decreased 1.3%; organic net sales decreased 1.9%. On a per day basis, net sales increased 0.3% and organic net sales declined 0.3%.Net income of $16.1 million, or... More