Recap: GMS Q1 Earnings

Shares of GMS GMS fell 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 5.62% year over year to $0.94, which beat the estimate of $0.81.

Revenue of $802,573,000 decreased by 5.26% from the same period last year, which missed the estimate of $817,160,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Sep 03, 2020

Time: 08:30 AM

ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1356480&tp_key=1f56117ef7

Recent Stock Performance

52-week high: $32.42

52-week low: $10.39

Price action over last quarter: Up 18.36%

Company Description

GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.