Core & Main (NYSE:CNM) Releases Earnings Results, Beats Estimates By $0.10 EPS

Core & Main (NYSE:CNM) issued its earnings results on Monday. The company reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.10, Fidelity Earnings reports.

NYSE:CNM opened at $27.04 on Wednesday. Core & Main has a fifty-two week low of $21.45 and a fifty-two week high of $30.57.

Several equities analysts have commented on CNM shares. Truist started coverage on shares of Core & Main in a research report on Tuesday, August 17th. They set a “hold” rating and a $29.00 price objective for the company. The Goldman Sachs Group started coverage on shares of Core & Main in a research report on Tuesday, August 17th. They set a “neutral” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. started coverage on shares of Core & Main in a research report on Tuesday, August 17th. They set an “overweight” rating and a $27.00 price objective for the company. Citigroup started coverage on shares of Core & Main in a research report on Wednesday, August 18th. They set a “buy” rating and a $31.00 price objective for the company. Finally, Barclays started coverage on shares of Core & Main in a research report on Tuesday, August 17th. They set an “equal weight” rating and a $30.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Core & Main presently has an average rating of “Hold” and a consensus price target of $30.25.

Core & Main Company Profile

Core & Main Inc is a specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets. The company’s products and services are used in the maintenance, repair, replacement and construction of water and fire protection infrastructure.

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