CNM Stock Recent News
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In the closing of the recent trading day, Core & Main (CNM) stood at $51.22, denoting a +0.75% change from the preceding trading day.
ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire HM Pipe Products, a Canadian distributor of water and wastewater products.
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ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces $500 Million Share Repurchase Authorization.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Core & Main beat revenue expectations but missed on its bottom line. The construction-equipment stock for water and wastewater handling is seeing lower margins as pricing normalizes.
Core & Main (CNM) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago.
ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2024 First Quarter Results.
Core & Main's (CNM) earnings are expected to have declined in fiscal 2024 first-quarter. However, revenues are likely to have increased.
Zacks.com users have recently been watching Core & Main (CNM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.