Graco Inc expected to post earnings of 74 cents a share - Earnings Preview

Graco

22/04/2024 22:33

* Graco Inc  GGG.N   GGG  is expected to show a rise in
quarterly
revenue when it reports  results on April 24 for the period
ending March 31 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
1.3% increase in revenue to $536.386 million from $529.65
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Graco Inc is for
earnings of
74 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Graco Inc
is
$88.62​, above​ its last closing price of $88.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.79        0.79       0.80      Beat    1
 Sep. 30 2023  0.73        0.73       0.76      Beat    3.5
 Jun. 30 2023  0.80        0.80       0.75      Missed  -5.8​
 Mar. 31 2023  0.62        0.62       0.74      Beat    18.9
 ​​Dec.        0.69        0.69       0.73      Beat    6.5
 31 2022                                                
 Sep. 30 2022  0.64        0.64       0.66      Beat    2.6​
 Jun. 30 2022  0.65        0.67       0.68      Beat    1.8
 Mar. 31 2022  0.63        0.62       0.57      Missed  -8.1
 This summary was machine generated April 22 at 21:33 GMT.  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)