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GMS Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
GMS Inc. (NYSE:GMS) will release earnings results for its fourth quarter, before the opening bell on Thursday.
Analysts expect the Tucker, Georgia-based company to report a quarterly earnings at $2.04 per share, down from $2.11 per share in the year-ago period. GMS is projected to post quarterly revenue of $1.4 billion, compared to $1.3 billion a year earlier, according to data from Benzinga Pro.
On May 16, GMS agreed to acquire Yvon Building Supply and affiliates for aggregate purchase price of up to C$196.5 million.
GMS shares fell 1.3% to close at $89.89 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can ...