WW Grainger Inc reports results for the quarter ended in March - Earnings Summary

• WW Grainger Inc GWW reported quarterly adjusted earnings of $9.62​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $9.61. The mean expectation of twelve analysts for the quarter was for earnings of $9.62 per share. Wall Street expected results to range from $9.42 to $10.14 per share.

• Revenue rose 3.5% to $4.24 billion from a year ago; analysts expected $4.26 billion.

• WW Grainger Inc's reported EPS for the quarter was $9.62​.

• The company reported quarterly net income of $478 million.

• WW Grainger Inc shares had fallen by 5.8% this quarter and gained 15.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for WW Grainger Inc is $1,000.00

This summary was machine generated from LSEG data April 25 at 06:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)