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Benzinga
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Top Wall Street Forecasters Revamp Core & Main Expectations Ahead Of Q1 Earnings

1. CNM to report Q1 earnings on June 10, estimated at 54 cents. 2. Projected revenue for CNM is $1.85 billion, up from last year. 3. CNM shares fell 0.6%, closing at $59.33 before earnings report. 4. Previous quarterly earnings missed consensus; impacts investor expectations. 5. Analysts recently adjusted ratings with varied price targets for CNM.

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FAQ

Why Bullish?

Expected earnings increase from 49 cents to 54 cents suggests positive growth. However, past earnings miss may temper enthusiasm.

How important is it?

Strong earnings expectations can positively influence CNM’s market perception and investment interest. Variability in analyst ratings adds to the critical nature of the situation.

Why Short Term?

Upcoming earnings report prompts immediate investor interest and sentiment in the short term. Historical patterns show earnings results can lead to significant price movement.

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