CSW Industrials shares soared 3.4% in the last trading session to close at $279.94 on heavy volume. The rally was driven by optimism over solid momentum in the Contractor Solutions segment, fueled by increased demand for HVAC/R and electrical products, along with the acquisition of Duckt-Strip. The company is expected to report quarterly earnings of $3.66 per share, a 28.4% year-over-year increase, on revenues of $340.56 million, up 29.2%. The consensus EPS estimate for the quarter has been revised 2.2% higher over the last 30 days, and the stock carries a Zacks Rank of 1, or Strong Buy.
CSW Industrials, Inc.Optimism over increased demand for HVAC/R and electrical products in Contractor Solutions segment
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