Core & Main Announces Fiscal 2024 Second Quarter Results

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Go back to Core & Main Announces Fiscal 2024 Second Quarter Results

Core & Main Inc. (CNM) PT Lowered to $53 at RBC Capital

September 5, 2024 6:52 AM EDT

RBC Capital analyst Mike Dahl lowered the price target on Core & Main Inc. (NYSE: CNM) to $53.00 (from $60.00) while maintaining a Outperform rating.

The analyst comments "Our FY24E EBITDA declines -3% to $907 MM following the weaker 2Q results and lowered FY guide. While results disappointed,... More

Core & Main, Inc (CNM) Misses Q3 EPS by 13c

September 4, 2024 7:36 AM EDT

Core & Main, Inc (NYSE: CNM) reported Q3 EPS of $0.61, $0.13 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $2.06 billion.

Fiscal 2024 Outlook:

"We are revising our outlook for fiscal 2024 to reflect... More