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Benzinga
148 days

Top Wall Street Forecasters Revamp Core & Main Price Expectations Ahead Of Q4 Earnings

1. CNM will announce Q1 earnings on March 25, expecting 36 cents per share. 2. Projected revenue for Q1 is $1.67 billion, up from $1.44 billion last year. 3. Analysts maintained neutral or outperform ratings, with varied price target increases. 4. Shares fell 0.5% recently, closing at $48.27. 5. Positive sentiment from recent earnings beat in Q3 supports growth outlook.

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FAQ

Why Bullish?

With expected growth in earnings and revenue, CNM shows potential for upward movement. Past earnings surprises have positively impacted stock prices.

How important is it?

The earnings report could significantly impact investor sentiment and stock price due to explicit projections.

Why Short Term?

Upcoming earnings release will drive price movement in the short term, potentially reflecting analysts' optimistic projections.

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