Global Industrial: Q2 Earnings Insights

Global Industrial GIC reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Global Industrial missed estimated earnings by 1.67%, reporting an EPS of $0.59 versus an estimate of $0.6.

Revenue was up $45.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 18.84% increase in the share price the next day.

Here's a look at Global Industrial's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.36 0.43 0.56 0.38
EPS Actual 0.57 0.53 0.61 0.55
Revenue Estimate 263.40M 262.25M 292.21M 275.75M
Revenue Actual 288.60M 262.00M 277.40M 272.60M

To track all earnings releases for Global Industrial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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