W.W. Grainger rises after profit beats estimates

WW Grainger

26/10/2023 15:09

** Shares of industrial machinery and equipment distributor
W.W.Grainger  GWW.N  rise 2.84% to $696.70 
    ** Co reports Q3 EPS of $9.43 per share, compared with
analysts' average estimates of $8.93 per share - LSEG data 
    ** Total quarterly revenue was in line with analysts'
estimates at about $4.2 bln, up 6.7% from a year earlier
    ** Co narrows full-year sales forecast, now expects net
sales between $16.4 bln and $16.6 bln vs. previous forecast of
$16.4 bln to $16.8 bln. 
    ** YTD, GWW up 24.74%

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com))