WW Grainger Inc reports results for the quarter ended March 31 - Earnings Summary

• WW Grainger Inc GWW reported quarterly adjusted earnings of $9.86​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $9.62. The mean expectation of seventeen analysts for the quarter was for earnings of $9.49 per share. Wall Street expected results to range from $9.19 to $9.84 per share.

• Revenue rose 1.7% to $4.31 billion from a year ago; analysts expected $4.32 billion.

• WW Grainger Inc's reported EPS for the quarter was $9.86​.

• The company reported quarterly net income of $479 million.

• WW Grainger Inc shares had risen by 3.7% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

• Wall Street's median 12-month price target for WW Grainger Inc is $1,005.00

This summary was machine generated from LSEG data May 1 at 01:54 p.m. UTC. ​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)