CNM Earnings

CNM reported its earnings on 2026-03-24, showcasing a revenue of 1.58B against an estimate of 1.59B, resulting in a -0.57% surprise. The EPS was 0.51, surpassing the expected 0.46 by 10.87%. The stock experienced a 4.48% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following CNM's earnings announcement on 2026-03-24, the stock price moved by 4.48% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, CNM's stock price tends to shift by an average of 1.92% in the 10 days leading up to earnings and 2.78% in the 10 days following, providing insight into potential market.

For 2027/Q1, analysts estimate CNM's annual revenue to reach 1.94B, while the EPS is projected at 0.58. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between CNM's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CNM's stock price typically moves by 1.92% in the 10 days before its earnings and 2.78% in the 10 days after. For the upcoming 2027/Q1 earnings, analysts expect an EPS of 0.58 and revenue of 1.94B.

The earnings call reflects a positive sentiment with strong financial performance, a strategic geographic expansion, and a robust share repurchase plan. Despite a slight decline in EBITDA margin, the company has shown growth in adjusted EPS and operating cash flow. The Q&A reveals optimism in growth areas like data centers and treatment plants, and effective management of cost programs. While residential markets face short-term challenges, municipal and nonresidential markets show stability. The company's strong capital allocation strategy and guidance for FY '26 further support a positive outlook.