Core & Main Inc. (CNM)
NYSE NYSE Primary 
Core & Main (CNM) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Core & Main (CNM) closed at $45.07, indicating a -0.38% shift from the previous trading day.
Core & Main (CNM) Falls More Steeply Than Broader Market: What Investors Need to Know
Core & Main (CNM) closed at $46.09 in the latest trading session, marking a -1.35% move from the prior day.
Why Core & Main (CNM) Outpaced the Stock Market Today
Core & Main (CNM) concluded the recent trading session at $43.45, signifying a +1.73% move from its prior day's close.
Core & Main: 40% Selloff Since May, But I Am Not Buying Yet
Core & Main faces significant headwinds, including weather disruptions, lower steel pipe prices, and a slowdown in commercial projects, impacting their recent performance. Despite a solid share buyback program and manageable debt levels, the lack of insider buying activity raises concerns about a potential decline in the share price in the near future. Acquisition-driven growth contributed 9% to sales increases, but without acquisitions, sales would have dropped 3.5%. I'm concerned about their reliance on acquisitions for growth.
Why Investors Bailed on Core & Main Stock This Week
The veteran industrial components supplier's second quarter fell short of expectations. It missed on both the top and bottom lines for the period.
Core & Main (CNM) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Infrastructure Firm Core & Main's Stock Drops After Results Miss Estimates, Outlook Cut
Shares of Core & Main (CNM), which supplies pipes for water, wastewater and other uses, posted worse-than-expected results and cut its outlook after it said bad weather and economic conditions affected sales.
Core & Main, Inc. (CNM) Q2 2024 Earnings Call Transcript
Core & Main, Inc. (NYSE:CNM ) Q2 2024 Earnings Call Transcript September 4, 2024 8:30 AM ET Company Participants Robyn Bradbury - IR Steve LeClair - Chair and CEO Brad Cowles - President Mark Witkowski - CFO Conference Call Participants Kathryn Thompson - Thompson Research Group Dave Manthey - Baird Matthew Bouley - Barclays Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Mike Dahl - RBC Capital Markets Anthony Pettinari - Citi Patrick Baumann - JPMorgan David Ridley-Lane - Bank of America Operator Hello and welcome to the Core & Main Q2 2024 Earnings Call. My name is Alex and I'll be coordinating the call today.
Why Core & Main Stock Is Down Big Today
Core & Main's results fell short of expectations. The company blamed weather delays for some of the miss, lowering full-year guidance.
Core & Main (CNM) Lags Q2 Earnings and Revenue Estimates
Core & Main (CNM) came out with quarterly earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.66 per share a year ago.
Core & Main's stock drops 13% as earnings and revenue fall short
Core & Main Inc.'s stock fell about 13% on Wednesday after the St. Louis-based water, wastewater and drainage-supply distributor's earnings fell short of analyst estimates and warned that “significant weather disruptions” have impacted its business.
Core & Main to Report Q2 Earnings Results: What's in the Offing?
Significant improvement in the residential and non-residential revenues is anticipated to have benefited CNM's second-quarter fiscal 2024 revenues.
