Analysts Adjust Earnings Predictions for Core & Main, Inc.

Author: Evelyn Baker Updated: 09-05-2025 10:57 AM

Core & Main Earnings and Analyst Insights

Core & Main, Inc (NYSE: CNM) is set to unveil its second-quarter earnings results very soon, with expectations of a positive growth trajectory as analysts closely monitor the company’s performance.

Earnings Expectations and Revenue Projections

This upcoming earnings report is highly anticipated, especially as analysts forecast that Core & Main will report 79 cents per share, a notable increase compared to 61 cents during the same quarter last year. In terms of revenue, projections suggest a jump to $2.12 billion, surpassing the $1.96 billion achieved in the prior year.

Recent Acquisitions

On the 2nd of September, Core & Main announced its acquisition of Canada Waterworks, a strategic move aimed at enhancing its operational footprint and service offerings.

Stock Performance Overview

As of its latest trading session, Core & Main shares experienced a gain of 2%, closing at $65.85. This fluctuation in stock price reflects the market's optimistic sentiment regarding the upcoming earnings announcement.

Analyst Ratings and Market Insights

The analysts have recently provided their insights into Core & Main, revealing mixed, yet generally optimistic expectations:

JP Morgan’s Stephen Tusa has maintained an Overweight rating with a revised price target of $64, up from $56, showcasing confidence in the company’s growth potential.
Loop Capital’s Jeffrey Stevenson downgraded the stock from Buy to Hold but set a price target of $68, indicating cautious optimism.
Wells Fargo’s Sam Reid remains bullish by retaining an Overweight rating and increasing the target from $65 to $70, suggesting strong future prospects.
Citigroup’s Anthony Pettinari maintained a Neutral stance but raised the target from $56 to $62, reflecting moderate confidence in the stock's stability.
RBC Capital’s Mike Dahl kept an Outperform rating while boosting the price target from $60 to $67, highlighting the stock's potential for growth.

What Analysts Are Saying

Analysts are showcasing diverse perspectives on the future of CNM stock. The general consensus leans towards positive, with various price targets suggesting that there’s much optimism surrounding Core & Main's future.

Conclusion

With an upcoming earnings announcement and significant analyst revisions, Core & Main, Inc. is certainly a company to watch. The strategic acquisitions and solid revenue growth projections demonstrate the company’s commitment to enhancing its market presence while steadily progressing in its operational goals.

Frequently Asked Questions

What are the anticipated earnings for Core & Main?

Analysts predict Core & Main will report earnings of 79 cents per share for the upcoming quarter.

What was the last closing price of Core & Main stock?

The shares were up 2% and closed at $65.85 in the latest trading session.

Who are the key analysts covering Core & Main?

Notable analysts include Stephen Tusa from JP Morgan and Sam Reid from Wells Fargo, among others, each providing valuable insights.

What recent acquisition did Core & Main announce?

Core & Main acquired Canada Waterworks in September, expanding its reach in the industry.

How does Core & Main's stock perform in the market?

Core & Main has shown positive momentum, with its share price gaining recently and analysts suggesting strong future prospects.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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