NYSE$GMS
Gms Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported record-setting results with higher levels of sales, net income and Adjusted EBITDA than ever recorded for the fiscal third quarter.
GMS Inc. reported a 53.6% increase in net sales to $1.15 billion for the third quarter of fiscal 2022. Net income increased 280.6% to $61.4 million, and Adjusted EBITDA increased 115.8% to $135.1 million.
- Net sales increased 53.6% compared to the prior year quarter, primarily due to inflationary pricing and acquisitions.
- Organic net sales increased 41.5%.
- Net income increased 280.6% to $61.4 million, or $1.40 per diluted share.
- Adjusted EBITDA increased $72.5 million, or 115.8%, to $135.1 million compared to the prior year quarter.
Headline financials
Revenue & EPS history
GMS · Revenue · Quarterly
$1.15B
Forward guidance
Looking ahead to close out our fiscal year in April, similar market dynamics as we experienced in the third quarter along with indications of improving levels of commercial activity, serve as a positive backdrop as we are confident we will continue to deliver exceptional levels of service to provide value to customers and to drive strong results for our stakeholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports
-0.3%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+7.0%
Avg return
30 days after
45%
19 / 42 earnings
Positive
+24.8%
Q1 2020
Best reaction
-17.5%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | — | — | — | |
| Q1 2026 | +0.0% | +0.1% | — | |
| Q4 2025 | +11.5% | +38.0% | +51.0% | |
| Q3 2025 | -7.5% | -10.7% | -8.4% | |
| Q2 2025 | -5.1% | -7.2% | -17.9% | |
| Q1 2025 | -4.8% | -7.9% | -0.4% | |
| Q4 2024 | -9.0% | -11.0% | +1.0% | |
| Q3 2024 | +0.7% | -1.1% | +8.0% | |
| Q2 2024 | -0.7% | +8.3% | +15.7% | |
| Q1 2024 | -4.7% | — | — | |
| Q4 2023 | +0.4% | — | — | |
| Q3 2023 | -0.5% | — | — | |
| Q2 2023 | +8.8% | — | — | |
| Q1 2023 | -4.5% | — | — | |
| Q4 2022 | +13.9% | — | — | |
| Q3 2022 | -13.6% | — | — | |
| Q2 2022 | +0.4% | — | — | |
| Q1 2022 | +3.6% | — | — | |
| Q4 2021 | +12.2% | — | — | |
| Q3 2021 | +7.7% | — | — | |
| Q2 2021 | -9.4% | — | — | |
| Q1 2021 | -11.5% | — | — | |
| Q4 2020 | +3.5% | — | — | |
| Q3 2020 | -4.4% | — | — | |
| Q2 2020 | -3.1% | — | — | |
| Q1 2020 | +24.8% | — | — | |
| Q4 2019 | +17.5% | — | — | |
| Q3 2019 | -17.5% | — | — | |
| Q2 2019 | -5.1% | — | — | |
| Q1 2019 | -6.4% | — | — | |
| Q4 2018 | -12.3% | — | — | |
| Q3 2018 | +5.1% | — | — | |
| Q2 2018 | -1.1% | — | — | |
| Q1 2018 | +8.7% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q4 2017 | -10.8% | — | — | |
| Q3 2016 | +3.1% | — | — | |
| Q3 2017 | +3.1% | — | — | |
| Q2 2016 | -1.8% | — | — | |
| Q2 2017 | -1.8% | — | — | |
| Q1 2017 | -3.8% | — | — | |
| Q1 2016 | -3.8% | — | — | |
| Q4 2016 | +3.7% | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro