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Market Overview

GMS: Q3 Earnings Insights

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Shares of GMS (NYSE:GMS) moved higher by 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 15.38% over the past year to $0.60, which beat the estimate of $0.51.

Revenue of $751,191,000 decreased by 1.33% year over year, which beat the estimate of $728,440,000.

Guidance

GMS hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Mar 04, 2021

Time: 08:30 AM

ET Webcast URL: https://www.gms.com/

Technicals

Company's 52-week high was at $37.85

52-week low: $10.39

Price action over last quarter: Up 34.44%

Company Description

GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.

 

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Posted-In: BZI-RecapsEarnings News

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