Global Industrial (GIC) Projected to Post Quarterly Earnings on Tuesday

Global Industrial (NYSE:GIC - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect Global Industrial to post earnings of $0.20 per share and revenue of $307.15 million for the quarter.

Global Industrial (NYSE:GIC - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.03). Global Industrial had a net margin of 4.92% and a return on equity of 24.53%. The firm had revenue of $302.30 million during the quarter, compared to analyst estimates of $306.07 million. On average, analysts expect Global Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Global Industrial Stock Down 0.2 %

GIC stock traded down $0.04 during mid-day trading on Friday, reaching $22.05. 76,470 shares of the stock traded hands, compared to its average volume of 91,334. The firm has a market capitalization of $844.76 million, a PE ratio of 12.97, a P/E/G ratio of 0.93 and a beta of 0.85. The business has a 50-day moving average of $22.72 and a two-hundred day moving average of $25.70. Global Industrial has a 52 week low of $20.79 and a 52 week high of $40.74.

Global Industrial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from Global Industrial's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.72%. Global Industrial's payout ratio is 66.24%.

About Global Industrial

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.