Core & Main's Mixed Q2: Earnings Beat, Revenue Miss

Core & Main just dropped its Q2 financial results, and while earnings soared past Wall Street's expectations at 87 cents per share, revenue slightly missed the mark at $2.09 billion. Despite the revenue shortfall, the company's boosted profitability is a win for investors. With a confident forecast of $7.6 to $7.7 billion in revenue for the full year, all eyes are on Core & Main to see if demand for water and fire protection holds steady. Hosted on Acast. See acast.com/privacy for more information.