WW Grainger Inc reports results for the quarter ended September 30 - Earnings Summary

• WW Grainger Inc GWW.N reported quarterly adjusted earnings of $12.54​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $10.21. The mean expectation of twenty analysts for the quarter was for earnings of $11.67 per share. Wall Street expected results to range from $11.41 to $12.00 per share.

• Revenue rose 11.3% to $5.18 billion from a year ago; analysts expected $5.08 billion.

• WW Grainger Inc's reported EPS for the quarter was $12.42​.

• The company reported quarterly net income of $587 million.

• WW Grainger Inc shares had risen by 12.2% this quarter and gained 38.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% 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 4 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for WW Grainger Inc is $1,350.00, about 3.6% below its last closing price of $1,397.98

This summary was machine generated from LSEG data November 4 at 03:19 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)