Mark your calendars for Thursday 29th August 2024, as GMS (NYSE: GMS) is set to unveil its first quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $2.14 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $1.48 billion for this specific period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $2.4. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.41 billion during that particular timeframe.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $5.84 billion. Moreover, they anticipate the company to disclose profit of $8.31 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q4 2024 | $1.93 | -8.5% | 1.41 B | +8.4% |
| Q3 2024 | $1.60 | -13.5% | 1.26 B | +1.9% |
| Q2 2024 | $2.30 | -17.6% | 1.42 B | -0.7% |
| Q1 2024 | $2.40 | -1.2% | 1.41 B | +3.7% |
*Growth on year-over-year basis
The business has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss Q1 financial results.
GMS (GMS) closed Tuesday's regular trading session at $92.05, reflecting a 3.45 percent fall. During the day, GMS shares traded between $91.68 and $94.53, with a day volume of 255.70 thousand shares.
