Global Industrial (GIC) Projected to Post Quarterly Earnings on Tuesday

Global Industrial (NYSE:GICGet Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $307.15 million for the quarter.

Global Industrial (NYSE:GICGet Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). The firm had revenue of $302.30 million during the quarter, compared to analyst estimates of $306.07 million. Global Industrial had a net margin of 4.92% and a return on equity of 24.53%. On average, analysts expect Global Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Global Industrial Stock Performance

GIC stock opened at $21.26 on Tuesday. Global Industrial has a one year low of $20.79 and a one year high of $41.38. The firm’s fifty day moving average is $22.87 and its 200 day moving average is $25.83. The firm has a market cap of $814.49 million, a PE ratio of 12.51, a P/E/G ratio of 0.93 and a beta of 0.85.

Global Industrial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from Global Industrial’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.89%. Global Industrial’s dividend payout ratio (DPR) is 66.24%.

About Global Industrial

(Get Free Report)

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.

See Also

Earnings History for Global Industrial (NYSE:GIC)

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