Top Wall Street Forecasters Revamp Core & Main Price Expectations Ahead Of Q4 Earnings

Core & Main, Inc. CNM will release its first-quarter financial results, before the opening bell, on Tuesday, March 25.

Analysts expect the Saint Louis, Missouri-based company to report quarterly earnings at 36 cents per share, up from 32 cents per share in the year-ago period. Core & Main projects quarterly revenue of $1.67 billion, compared to $1.44 billion a year earlier, according to data from Benzinga Pro.

On Dec. 3, Core & Main reported better-than-expected third-quarter EPS and sales.

Core & Main shares fell 0.5% to close at $48.27 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Anthony Pettinari maintained a Neutral rating and raised the price target from $43 to $56 on Jan. 6, 2025. This analyst has an accuracy rate of 77%.
• Goldman Sachs analyst Joe Ritchie maintained a Neutral rating and raised the price target from $50 to $57 on Dec. 5, 2024. This analyst has an accuracy rate of 73%.
• RBC Capital analyst Mike Dahl reiterated an Outperform rating and lifted the price target from $53 to $62 on Dec. 4, 2024. This analyst has an accuracy rate of 73%.
• Truist Securities analyst Keith Hughes maintained a Hold rating and increased the price target from $38 to $56 on Dec. 4, 2024. This analyst has an accuracy rate of 77%.
• Baird analyst David Manthey maintained an Outperform rating and boosted the price target from $60 to $66 on Dec. 4, 2024. This analyst has an accuracy rate of 76%.

Considering buying CNM stock? Here’s what analysts think:

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