Global Industrial (NYSE:GIC) Announces Earnings Results

Global Industrial (NYSE:GIC) posted its quarterly earnings data on Tuesday. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.03), Zacks reports. Global Industrial had a net margin of 4.92% and a return on equity of 24.53%.

Global Industrial Price Performance

Global Industrial stock opened at $24.24 on Wednesday. The firm’s fifty day moving average price is $24.63 and its 200 day moving average price is $28.74. The company has a market capitalization of $926.68 million, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 0.93 and a beta of 0.87. Global Industrial has a 12-month low of $23.09 and a 12-month high of $46.97.

About Global Industrial

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.