WW Grainger Inc expected to post earnings of $8.06 a share - Earnings Preview

WW Grainger

31/01/2024 13:04

* WW Grainger Inc  GWW.N   GWW  is expected to show a rise
in
quarterly revenue when it reports  results on February 2 for the
period ending December 31 2023
    * The Lake Forest Illinois-based  company is expected to
report a
6.3% increase in revenue to $4.043 billion from $3.8 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data. (Revenue Majority is on Net Sales)
    * ​LSEG's mean analyst estimate for WW Grainger Inc is for
earnings of $8.06 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 13
"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 WW Grainger
Inc
is $809.00​, below​ its last closing price of $914.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  8.96        8.93       9.43      Beat    5.6
 Jun. 30 2023  9.16        9.13       9.28      Beat    1.7
 Mar. 31 2023  8.57        8.51       9.61      Beat    12.9​
 Dec. 31 2022  7.13        7.01       7.14      Beat    1.9
 ​​Sep.        7.28        7.25       8.27      Beat    14
 30 2022                                                
 Jun. 30 2022  6.62        6.65       7.19      Beat    8.1​
 Mar. 31 2022  6.15        6.12       7.07      Beat    15.6
 Dec. 31 2021  5.27        5.24       5.44      Beat    3.8
 This summary was machine generated January 31 at 13:03 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)