WW Grainger Inc expected to post earnings of $8.51 a share - Earnings Preview

WW Grainger

25/04/2023 13:02

* WW Grainger Inc  GWW.N   GWW  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Skokie Illinois-based  company is expected to report 
a
11.7% increase in revenue to $4.075 billion from $3.65 billion a
year ago, according to the mean estimate from 14 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for WW Grainger Inc is
for
earnings of $8.51 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 12
"hold" and 1 "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 $716.5​, above​ its last closing price of $675.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  7.13        7.01       7.14      Beat    1.9
 Sep. 30 2022  7.28        7.25       8.27      Beat    14
 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.        5.27        5.24       5.44      Beat    3.8
 31 2021                                                
 Sep. 30 2021  5.29        5.30       5.65      Beat    6.6​
 Jun. 30 2021  4.59        4.61       4.27      Missed  -7.3
 Mar. 31 2021  4.30        4.30       4.48      Beat    4.1
 This summary was machine generated April 25 at 12:02 GMT.  All
figures in US dollars  unless otherwise stated