WW Grainger Inc expected to post earnings of $8.93 a share - Earnings Preview

WW Grainger

24/10/2023 14:21

* WW Grainger Inc  GWW.N   GWW  is expected to show a rise
in
quarterly revenue when it reports  results on October 26. 
    * The Skokie Illinois-based  company is expected to report 
a
7.0% increase in revenue to $4.217 billion from $3.94 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for WW Grainger Inc is
for
earnings of $8.93 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 12
"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 $791.5​, above​ its last closing price of $686.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  7.28        7.25       8.27      Beat    14
 ​​Jun.        6.62        6.65       7.19      Beat    8.1
 30 2022                                                
 Mar. 31 2022  6.15        6.12       7.07      Beat    15.6​
 Dec. 31 2021  5.27        5.24       5.44      Beat    3.8
 Sep. 30 2021  5.29        5.30       5.65      Beat    6.6
 This summary was machine generated October 24 at 13:21 GMT.  All
figures in US dollars  unless otherwise stated