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News

Recap: Global Industrial Q4 Earnings

Author: Benzinga Insights | February 29, 2024 05:55pm

Global Industrial (NYSE:GIC) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:20 PM.

Here's what investors need to know about the announcement.

Earnings

Global Industrial beat estimated earnings by 3.0%, reporting an EPS of $0.4 versus an estimate of $0.39.

Revenue was up $59.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 10.0% increase in the share price the next day.

Here's a look at Global Industrial's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.53 0.40 0.39 0.35
EPS Actual 0.54 0.56 0.35 0.35
Revenue Estimate 343.38M 293.00M 279.25M 257.27M
Revenue Actual 354.60M 325.80M 273.80M 260.50M

To track all earnings releases for Global Industrial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GIC