Global Industrial Q2 EPS $0.54 Misses $0.60 Estimate, Sales $386.600M Beat $377.397M Estimate
Global Industrial (NYSE:GIC) reported quarterly earnings of $0.54 per share which missed the analyst consensus estimate of $0.60 by 10 percent. This is a 16.92 percent decrease over earnings of $0.65 per share from the
Global Industrial made more money selling things than people expected, but didn't earn as much profit per share as experts thought it would. When a company sells more but earns less, it hints that making those sales cost them more than usual.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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