ST. LOUIS (AP) — ST. LOUIS (AP) — Core & Main Inc. (CNM) on Tuesday reported fiscal fourth-quarter profit of $63 million.
On a per-share basis, the St. Louis-based company said it had net income of 34 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share.
The distributor of water and fire protection products posted revenue of $1.44 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.43 billion.
For the year, the company reported profit of $371 million, or $2.15 per share. Revenue was reported as $6.7 billion.
Core & Main expects full-year revenue in the range of $7.4 billion to $7.6 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNM at https://www.zacks.com/ap/CNM