Graco Inc expected to post earnings of 67  cents a share - Earnings Preview

Graco

26/07/2022 03:06

* Graco Inc  GGG.N   GGG  is expected to show a rise in
quarterly
revenue when it reports  results on July 27. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 5.3% increase in revenue to $533.853 million from $507.16
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 67 cents per share. For the same quarter last year, the
company reported earnings of 62 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"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
$70​, above​ its last closing price of $62.08. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.63        0.62       0.57      Missed  -8.1
 Dec. 31 2022  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.        0.50        0.50       0.58      Beat    14.9
 31 2021                                                
 Dec. 31 2020  0.51        0.51       0.61      Beat    19.1​
 Sep. 30 2020  0.43        0.42       0.59      Beat    40.2
 Jun. 30 2020  0.26        0.26       0.37      Beat    41.2
 This summary was machine generated July 26 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated