GMS Inc. (NYSE:GMS) is reporting first quarter financial results on Thursday 3rd September 2020, before market open.
According to analysts surveyed by Thomson Reuters, GMS is expected to report 1Q21 income of $ 0.81 per share from revenue of $ 817.16 million.
For the full year, analysts anticipate top line of $ 3159.38 million, while looking forward to income of $ 2.87 per share bottom line.
Previous Quarter Performance
GMS Inc. communicated income for the fourth quarter of $ 0.56 per share, from the revenue of $ 770.85 million. The quarterly earnings fell 17.65 percent while revenues fell 1.19 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.52 per share from $ 723.46 million in revenue. The bottom line results beat street analysts by $ 0.04 or 7.69 percent, at the same time, top line results outshined analysts by $ 47.39 million or 6.55 percent.
Stock Performance
Shares of GMS Inc. traded low $ -0.17 or -0.60 percent on Wednesday, reaching $ 27.54 with volume of 88.10 thousand shares. The stock opened positive for the day at $ 27.77, after closing the previous day trading at $ 27.70.
According to the previous trading day, closing price of $ 27.70, representing a 166.60 % increase from the 52 week low of $ 10.39 and a 14.56 % decrease over the 52 week high of $ 32.42.
The company has a market capital of $ 1.18 billion and is part of the Basic Materials sector and Building Materials industry.
Conference Call
GMS Inc. will be hosting a conference call at 8:30 AM eastern time on 3rd September 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, 877-407-3982 U.S. or 201-493-6780 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website viavid.webcasts.com/starthere.jsp?ei=1356480&tp_key=1f56117ef7
GMS Inc. distributes wallboards, suspended ceilings systems, and related construction products in the United States and Canada. The company offers wallboard products; and ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings.
