Global Industrial (GIC) Expected to Announce Quarterly Earnings on Tuesday

Global Industrial (NYSE:GIC) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $306.07 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Global Industrial Price Performance

GIC opened at $23.98 on Friday. The stock has a market capitalization of $916.64 million, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 0.93 and a beta of 0.87. The company’s 50 day simple moving average is $24.73 and its 200-day simple moving average is $28.86. Global Industrial has a one year low of $23.09 and a one year high of $46.97.

Insider Buying and Selling at Global Industrial

In other Global Industrial news, Vice Chairman Bruce Leeds sold 5,840 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $28.28, for a total transaction of $165,155.20. Following the completion of the sale, the insider now directly owns 23,675 shares of the company’s stock, valued at approximately $669,529. The trade was a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 65.30% of the company’s stock.

Global Industrial Company Profile

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.