GMS Inc. (NYSE:GMS) posted better-than-expected fourth-quarter fiscal 2025 results on Wednesday.
Topping analyst estimates of $1.30 billion, the company announced quarterly net sales of $1.33 billion, a 5.6% decrease from a year ago. The specialty building products distributor's adjusted EPS of $1.29 was above the consensus of $1.11.
"We reported solid results for our fourth quarter and full-year fiscal 2025 despite the deterioration in end-market conditions as we moved through the year," commented John C. Turner, Jr., president and CEO of GMS, regarding the company's performance.
On Thursday, GMS also confirmed the receipt of $95.20 per share unsolicited buyout proposal from QXO.
GMS shares rose 28.3% to trade at $103.92 on Friday.
These analysts made changes to their price targets on GMS following earnings announcement.
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