Core & Main Announces Record Fiscal 2024 Third Quarter Results
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December 4, 2024 9:12 AM EST
BofA Securities analyst Andrew Obin raised the price target on Core & Main Inc. (NYSE: CNM) to $40.00 (from $34.00) while maintaining a Underperform rating.
The analyst comments "Core & Main (CNM), a leading distributor of water infrastructure products, reported 3QF24 (October-ended) revenue and adj. EBITDA that... More
December 4, 2024 5:56 AM EST
Goldman Sachs analyst Joe Ritchie reiterated a Neutral rating and $57.00 price target on Core & Main Inc. (NYSE: CNM)
The analyst comments "Bottom line: Solid 3Q beat, FY24 guide raised. CNM reported 3Q24 EBITDA (adj) of $277mn that was +6% vs. Visible Alpha Consensus Data. The... More
December 3, 2024 4:43 PM EST
Truist Securities analyst Keith Hughes raised the price target on Core & Main Inc. (NYSE: CNM) to $56.00 (from $38.00) while maintaining a Hold rating.
The analyst comments "CNM was up 16% (S&P 500 +0.1%) on results slightly above the Street and guidance that was roughly... More
December 3, 2024 8:44 AM EST
Core & Main, Inc (NYSE: CNM) reported Q4 EPS of $0.69, $0.03 better than the analyst estimate of $0.66. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $1.99 billion.
GUIDANCE:
Core & Main, Inc sees FY2025 revenue of $7.35-7.45 billion, versus the... More
