Graco Inc expected to post earnings of 62  cents a share - Earnings Preview

Graco

26/04/2022 01:32

* Graco Inc  GGG.N   GGG  is expected to show a rise in
quarterly
revenue when it reports  results on April 27. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 13.0% increase in revenue to $513.046 million from $454.13
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Graco Inc is for
earnings
of 62 cents per share. For the same quarter last year, the
company reported earnings of 58 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Graco Inc
is
$80​, above​ its last closing price of $66.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.62        0.63       0.66      Beat    4.6
 Sep. 30 2021  0.63        0.63       0.57      Missed  -9.8
 Jun. 30 2021  0.61        0.61       0.62      Beat    1.6​
 Mar. 31 2021  0.50        0.50       0.58      Beat    14.9
 ​​Dec.        0.51        0.51       0.61      Beat    19.1
 31 2020                                                
 Sep. 30 2020  0.43        0.42       0.59      Beat    40.2​
 Jun. 30 2020  0.26        0.26       0.37      Beat    41.2
 Mar. 31 2020  0.43        0.44       0.38      Missed  -13.7
 This summary was machine generated April 26 at 00:32 GMT.  All
figures in US dollars  unless otherwise stated