Industrial and commercial distributor Global Industrial (NYSE:GIC) will be announcing earnings results this Tuesday afternoon. Here’s what you need to know.

Global Industrial beat analysts’ revenue expectations by 4.6% last quarter, reporting revenues of $321 million, flat year on year. It was an incredible quarter for the company, with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is Global Industrial a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Global Industrial’s revenue to grow 1.2% year on year to $351.8 million, slowing from the 6.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.50 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Global Industrial has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Global Industrial’s peers in the industrial distributors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fastenal delivered year-on-year revenue growth of 8.6%, beating analysts’ expectations by 0.5%, and MSC Industrial reported flat revenue, in line with consensus estimates. Fastenal traded up 4.2% following the results while MSC Industrial was also up 5.4%.

Read our full analysis of Fastenal’s results here and MSC Industrial’s results here.

There has been positive sentiment among investors in the industrial distributors segment, with share prices up 6.8% on average over the last month. Global Industrial is up 1.9% during the same time and is heading into earnings with an average analyst price target of $38 (compared to the current share price of $27.53).

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