CNM Stock Recent News

Shares of Core & Main Inc. CNM slumped 2.0% in premarket trading Wednesday, after the provider of water, storm drainage and fire protection products and services to contractors and municipalities missed fiscal second-quarter profit expectations and trimmed its full-year sales growth outlook, citing “pockets of weakness” in new projects. Net income for the quarter to July 30 slipped to $110 million, or 66 cents a share, from $115 million, or 67 cents a share, in the year-ago period, to miss the FactSet consensus for earnings per share of 67 cents.

Core & Main's (CNM) second-quarter fiscal 2024 earnings and revenues are expected to have decreased year over year.

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2023 Second Quarter Results.

The Zacks Waste Management industry seeks to reap the benefits of increasing regulations and a revival in demand. RSG, CLH and CNM are well poised to be beneficiaries of industry tailwinds.

Here is how Core & Main (CNM) and HIVE Blockchain (HIVE) have performed compared to their sector so far this year.

Does Core & Main (CNM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Core & Main (CNM) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.74 per share a year ago.

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2023 First Quarter Results.

CNM continues to perform well, with adjusted EBITDA exceeding expectations due to enhanced gross margins, accretive acquisitions, and a more favorable product mix. Infrastructure bill should provide significant benefits to CNM beyond FY23.

Core & Main (CNM) delivered earnings and revenue surprises of -3.12% and 0.20%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?