Graco Inc expected to post earnings of 80  cents a share - Earnings Preview

Graco

24/07/2023 22:27

* Graco Inc  GGG.N   GGG  is expected to show a rise in
quarterly
revenue when it reports  results on July 26. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 5.0% increase in revenue to $576.085 million from $548.55
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Graco Inc is for
earnings
of 80 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"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
$88.5​, above​ its last closing price of $86.53. ​​​

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 2023  0.62        0.62       0.74      Beat    18.9
 Dec. 31 2023  0.69        0.69       0.73      Beat    6.5
 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.        0.63        0.62       0.57      Missed  -8.1
 31 2022                                                
 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
 This summary was machine generated July 24 at 21:27 GMT.  All
figures in US dollars  unless otherwise stated