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.