Global Industrial (GIC) Set to Announce Earnings on Tuesday

Key Points

• Global Industrial is expected to report Q3 2026 results after market close on Tuesday, October 27. Analysts forecast earnings of $0.545 per share and revenue of $385.41 million.
• In its previous quarter, the company reported $0.54 per share, matching estimates, while revenue of $386.60 million exceeded expectations of $377.40 million.
• The stock recently traded at $43.82, near its 52-week high, while analysts maintain a consensus “Hold” rating with a $39 price target; the company also offers a 2.6% dividend yield.

Global Industrial (NYSE:GIC - Get Free Report) is projected to announce its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Global Industrial to announce earnings of $0.5450 per share and revenue of $385.41 million for the quarter. Parties may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 5:00 PM ET.

Global Industrial (NYSE:GIC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, hitting the consensus estimate of $0.54. The company had revenue of $386.60 million for the quarter, compared to analyst estimates of $377.40 million. Global Industrial had a return on equity of 21.49% and a net margin of 6.06%. On average, analysts expect Global Industrial to post $1.87 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.

Global Industrial Trading Down 0.7%

GIC opened at $43.82 on Tuesday. The stock has a market cap of $1.67 billion, a PE ratio of 19.56, a P/E/G ratio of 1.48 and a beta of 0.77. Global Industrial has a 1 year low of $26.40 and a 1 year high of $44.73. The stock's 50 day simple moving average is $40.81 and its 200-day simple moving average is $35.58.

Global Industrial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 17th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, August 17th. Global Industrial's dividend payout ratio is presently 50.00%.

Analysts Set New Price Targets

GIC has been the topic of a number of recent research reports. Freedom Broker started coverage on shares of Global Industrial in a research note on Wednesday, October 14th. They set a "hold" rating and a $39.00 price target on the stock. Wall Street Zen lowered shares of Global Industrial from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Weiss Ratings lowered shares of Global Industrial from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $39.00.

Insider Transactions at Global Industrial

In other Global Industrial news, VP Thomas Axmacher sold 1,848 shares of Global Industrial stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $38.60, for a total transaction of $71,332.80. Following the sale, the vice president directly owned 7,366 shares of the company's stock, valued at approximately $284,327.60. The trade was a 20.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Claudia Hughes sold 4,753 shares of Global Industrial stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $39.78, for a total value of $189,074.34. Following the sale, the senior vice president directly owned 32,167 shares in the company, valued at $1,279,603.26. The trade was a 12.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,287 shares of company stock valued at $363,904. Corporate insiders own 64.51% of the company's stock.

Global Industrial Company Profile

Global Industrial Company NYSE: GIC is a distributor of industrial and maintenance, repair and operations (MRO) products. The company serves businesses, government agencies and other organizations through digital commerce, direct sales and product catalogs.

Its product range includes material-handling and storage equipment, shelving, cabinets, workstations, safety supplies, janitorial and facility-maintenance products, packaging supplies, tools, HVAC equipment and office furnishings. Global Industrial offers products from its own brands as well as third-party manufacturers, with solutions designed for workplaces, warehouses, commercial facilities and industrial operations.

The company primarily serves customers in the United States and Canada.

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