Investing.com - GMS Inc reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
GMS Inc announced earnings per share of $2.43 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $2.21 on revenue of $1.21B.
GMS Inc shares are down 22.18% from the beginning of the year and are trading at $46.78 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
GMS Inc follows other major Industrials sector earnings this month
GMS Inc's report follows an earnings missed by Deere&Company on August 19, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
Siemens ADR had missed expectations on August 11 with third quarter EPS of $-1.07 on revenue of $18.48B, compared to forecast for EPS of $-0.3269 on revenue of $17.68B.
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