Recap: Core & Main Q2 Earnings
Core & Main (NYSE:CNM) reported its Q2 earnings results on Tuesday, September 13, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Traders More Optimistic Ahead Of Key Consumer Price Index
The CNN Money Fear and Greed index showed an improvement in investor sentiment, after US stocks recorded gains at the start of the week.
US inflation data is scheduled for release today, with analysts expecting annual inflation level to ease further during August.
Investors also assessed news of Ukraine making some progress against its war with Russia.
Earnings Scheduled For September 13, 2022
Companies Reporting Before The Bell
• First American Financial (NYSE:FAF) is estimated to report quarterly loss at $0.19 per share on revenue of $42.62 million.
Core & Main, Planet Labs And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Bitcoin Remains Above This Major Level While Solana Rises Sharply; Here Are The Top Crypto Movers For Tuesday
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, recorded gains, remaining above the $22,000 mark this morning.
A Preview Of Core & Main’s Earnings
Core & Main (NYSE:CNM) is set to give its latest quarterly earnings report on Tuesday, 2022-09-13. Here's what investors need to know before the announcement.
Analysts estimate that Core & Main will report an earnings per share (EPS) of $0.47.
S&P 500 Snaps 3-Week Losing Streak As Investors Digest Powell’s Latest Inflation Comments
The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a three-week losing streak this week as the latest commentary from Federal Reserve Chair Jerome Powell suggests the Fed will continue to aggressively combat inflation.
Core & Main Signed Agreement to Acquire Ohio-Based Municipal Waterworks Division of Trumbull Industries; Terms Not Disclosed
Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage, fire protection products and related services, has entered into a definitive agreement to purchase the municipal waterworks division of Trumbull Industries, Inc.
Deutsche Bank Initiates Coverage On Core & Main with Buy Rating, Announces Price Target of $40
Deutsche Bank analyst Joe Ahlersmeyer initiates coverage on Core & Main (NYSE:CNM) with a Buy rating and announces Price Target of $40.