Global Industrial (NYSE:GIC) is set to announce earnings this Tuesday. Last quarter, the company beat revenue expectations by 4.6%, reporting $321 million in revenues. Analysts expect a 1.2% revenue growth this quarter to $351.8 million. Some peers in the industrial distributors segment have already reported Q2 results, with Fastenal showing 8.6% revenue growth and MSC Industrial reporting flat revenue. Investor sentiment in the segment is positive, with share prices up 6.8% on average over the last month. Global Industrial is up 1.9% during the same time, with an average analyst price target of $38.

Read more at Stock Story Media: Global Industrial (GIC) Reports Q2 Results Tomorrow