Core & Main Sees Q1 Revenue of $1.91B, Lowers 2026 Estimates to $7.90B
CNM•Core & Main will report Q1 2026 results on June 10 with consensus revenue of $1.91 billion and EPS of $0.54. Full-year 2026 revenue estimates have been lowered to $7.90 billion (from $8.00 billion) and EPS forecasts cut to $2.49 (from $2.59) over the past 90 days.
1. Q1 2026 Earnings Preview
Core & Main will release Q1 2026 results on June 10, with consensus revenue of $1.91 billion and EPS of $0.54. This follows Q4 revenue of $1.58 billion and EPS of $0.37, providing a baseline for analyst expectations.
2. Estimate Revisions
Over the past 90 days, full-year 2026 revenue estimates have been trimmed from $8.00 billion to $7.90 billion and EPS forecasts reduced from $2.59 to $2.49. Projections for 2027 have also dipped, with revenue down to $8.26 billion (from $8.31 billion) and EPS to $2.93 (from $3.03).
3. Q4 Performance Recap
In the quarter ending January 31, 2026, Core & Main reported $1.58 billion in revenue, missing expectations by 1.1%, while EPS of $0.37 exceeded forecasts by 15.6%, leaving the share price flat on the release day.
4. Analyst Outlook
Analysts set an average 12-month price target of $60.68, implying roughly 16% upside, and maintain a consensus recommendation of 2.2 on a 1–5 scale, indicating an outperform rating.
