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

Graco

28/04/2022 09:06

* Graco Inc  GGG.N  reported quarterly adjusted earnings of
57
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for earnings
of 62 cents per share.
    * Revenue rose 8.8% to $494.29 million from a year ago; 
analysts
expected $513.05 million. 
    * Graco Inc's reported EPS for the quarter was 58 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Graco Inc shares had fallen by 6.1% this quarter and
lost 18.8%
so far this year.
    * The company reported quarterly net income of $100.84
million.
    * Wall Street's median 12-month price target for Graco Inc
is
$80.00 
    * 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." 

This summary was machine generated April 28 at 08:06 a.m.  ​All
figures in US dollars unless otherwise stated