Global Industrial (GIC) to Release Earnings on Tuesday

Global Industrial (NYSE:GIC - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $351.81 million for the quarter.

Global Industrial (NYSE:GIC - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.15. Global Industrial had a net margin of 4.67% and a return on equity of 21.85%. The firm had revenue of $321.00 million during the quarter, compared to analysts' expectations of $307.15 million. On average, analysts expect Global Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Global Industrial Trading Up 0.5%

Shares of NYSE:GIC traded up $0.13 on Friday, hitting $27.48. The company had a trading volume of 61,019 shares, compared to its average volume of 61,522. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 17.39, a P/E/G ratio of 1.02 and a beta of 0.80. The stock has a 50 day moving average price of $27.12 and a 200 day moving average price of $24.91. Global Industrial has a 1-year low of $20.79 and a 1-year high of $36.17.

Global Industrial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Monday, May 12th were paid a $0.26 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.04 dividend on an annualized basis and a yield of 3.79%. Global Industrial's dividend payout ratio (DPR) is currently 65.82%.

Institutional Investors Weigh In On Global Industrial

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of Global Industrial by 16.4% during the first quarter. Jane Street Group LLC now owns 17,806 shares of the company's stock worth $399,000 after purchasing an additional 2,512 shares during the period. AQR Capital Management LLC boosted its stake in Global Industrial by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 61,993 shares of the company's stock valued at $1,389,000 after purchasing an additional 16,880 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Global Industrial by 66.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 143,162 shares of the company's stock valued at $3,207,000 after buying an additional 57,056 shares in the last quarter. Institutional investors own 31.19% of the company's stock.

About Global Industrial

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.