Core and Main Meets Earnings, Misses Revenue

Core and Main Incorporated met Wall Streets earnings expectations with a net income of $137 million, or $0.72 per share, for the fiscal third quarter. However, the companys revenue fell short of projections at $2.06 billion, missing the expected $2.08 billion. Despite this, Core and Main provided a full-year revenue outlook of $7.6 billion to $7.7 billion, offering a stable view of their expected performance for the remainder of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.