Core & Main, Inc (CNM) Misses Q1 EPS by 1c

Core & Main, Inc (NYSE: CNM) reported Q1 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.37 billion.

GUIDANCE:

Core & Main, Inc sees FY2023 revenue of $6.455-6.875 billion, versus the consensus of $6.65 billion.

• Adjusted EBITDA of $785 to $865 million
• Adjusted EBITDA margin of 12.2% to 12.6%
• Effective income tax rate of 18% to 20%

For earnings history and earnings-related data on Core & Main, Inc (CNM) click here.

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