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

Global Industrial (NYSE:GIC) is anticipated to announce its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect Global Industrial to post earnings of $0.54 per share and revenue of $377.3960 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 5:00 PM ET.

Global Industrial (NYSE:GIC) last issued its earnings results on Tuesday, May 5th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). Global Industrial had a return on equity of 23.53% and a net margin of 5.33%.The company had revenue of $350.40 million during the quarter, compared to analysts’ expectations of $344.13 million. 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 Trading Up 1.4%

Shares of GIC stock opened at $35.69 on Friday. Global Industrial has a 12-month low of $26.40 and a 12-month high of $38.79. The stock has a market capitalization of $1.37 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.18 and a beta of 0.76. The firm’s 50 day moving average is $32.89 and its 200 day moving average is $32.04.

Global Industrial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Monday, May 18th were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, May 18th. Global Industrial’s dividend payout ratio is presently 58.03%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its stake in shares of Global Industrial by 18.2% during the 4th quarter. Franklin Resources Inc. now owns 14,187 shares of the company’s stock worth $415,000 after acquiring an additional 2,183 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Global Industrial by 35.5% in the 2nd quarter. Quantinno Capital Management LP now owns 13,303 shares of the company’s stock worth $359,000 after purchasing an additional 3,483 shares in the last quarter. Polymer Capital Management US LLC raised its holdings in Global Industrial by 11.5% in the 4th quarter. Polymer Capital Management US LLC now owns 11,641 shares of the company’s stock worth $340,000 after purchasing an additional 1,201 shares during the period. Aquatic Capital Management LLC raised its holdings in Global Industrial by 16.5% in the 3rd quarter. Aquatic Capital Management LLC now owns 8,596 shares of the company’s stock worth $315,000 after purchasing an additional 1,218 shares during the period. Finally, Brevan Howard Capital Management LP purchased a new position in Global Industrial during the second quarter valued at $295,000. 31.19% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on GIC. Wall Street Zen downgraded Global Industrial from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings raised Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Global Industrial has an average rating of “Hold”.

Global Industrial Company Profile

Global Industrial Company (NYSE: GIC) is a leading business-to-business distributor of industrial products and equipment. Headquartered in Port Washington, New York, the company provides a comprehensive range of products to support manufacturing, warehousing, and facility maintenance operations across North America. Through a digital-first platform, Global Industrial combines e-commerce, direct sales and catalog-based ordering channels to serve a diverse commercial customer base.

The company’s product portfolio encompasses material handling solutions (including conveyors, pallet racks and hoists), storage and shelving systems, janitorial and sanitation supplies, packaging and shipping materials, and office furniture.