Global Industrial (GIC) Set to Announce Quarterly Earnings on Tuesday

Posted by Stanley Muller on Nov 2nd, 2026

Global Industrial (NYSE:GIC – Get Free Report) is projected to release its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect Global Industrial to announce earnings of $0.5450 per share and revenue of $385.41 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 5:00 PM ET.

Global Industrial (NYSE:GIC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.54. The business had revenue of $386.60 million during the quarter, compared to analyst estimates of $377.40 million. Global Industrial had a net margin of 6.06% and a return on equity of 21.49%. 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 2.0%

Shares of GIC opened at $43.37 on Monday. The business’s 50 day moving average is $41.78 and its 200 day moving average is $34.95. Global Industrial has a 12-month low of $26.40 and a 12-month high of $45.19. The company has a market capitalization of $1.65 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.45 and a beta of 0.75.

Global Industrial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Monday, August 17th were issued a $0.28 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.6%. Global Industrial’s dividend payout ratio (DPR) is currently 50.00%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on GIC shares. Weiss Ratings cut shares of Global Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Freedom Broker started coverage on Global Industrial in a research note on Wednesday, October 14th. They set a “hold” rating and a $39.00 price target on the stock. Finally, Wall Street Zen lowered shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 25th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.00.

View Our Latest Stock Report on GIC

About Global Industrial

(Get Free Report)

Global Industrial Company (NYSE:GIC) is a distributor of industrial, commercial and business products serving organizations across North America. The company sells products through its e-commerce platforms, catalogs and sales representatives, serving businesses, government agencies, educational institutions and other commercial customers.

Its product offerings include material-handling and storage equipment, shelving, cabinets, workbenches, safety supplies, janitorial and sanitation products, packaging materials, tools, lighting, HVAC equipment, office furniture and other facility-maintenance products.