WW Grainger Inc expected to post earnings of $9.62 a share - Earnings Preview

WW Grainger

23/04/2024 13:45

* WW Grainger Inc  GWW.N   GWW  is expected to show a rise
in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Lake Forest Illinois-based  company is expected to
report a
4.1% increase in revenue to $4.259 billion from $4.09 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data. (Revenue Majority is on Net Sales)
    * ​LSEG's mean analyst estimate for WW Grainger Inc is for
earnings of $9.62 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 13
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for WW Grainger
Inc
is $1,000.00​, above​ its last closing price of $942.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  8.07        8.05       8.33      Beat    3.4
 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.        7.13        7.01       7.14      Beat    1.9
 31 2022                                                
 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
 This summary was machine generated April 23 at 12:45 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)