Graco Inc reports results for the quarter ended in December - Earnings Summary

Graco

30/01/2023 22:02

* Graco Inc  GGG.N  reported quarterly adjusted earnings of
73
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
69 cents per share.
    * Revenue rose 2.9% to $555.05 million from a year ago;
analysts
expected $553.68 million. 
    * Graco Inc's reported EPS for the quarter was 74 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Graco Inc shares had fallen by 0.1% this quarter.
    * The company reported quarterly net income of $126.19
million.
    * Wall Street's median 12-month price target for Graco Inc
is
$70.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
30 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.69           0.73           Beat
 Sep. 30 2022      0.64           0.66           Beat
 Jun. 30 2022      0.67           0.68           Beat
 Mar. 31 2022      0.62           0.57           Missed