On Monday, Graco GGG will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Graco EPS will likely be near 36 cents per share while revenue will be around $368.9 million, according to analysts.
Graco's sales in the same period a year ago came in at $349 million. Sales would be up 5.71 percent from the year-ago period.
The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 1.06 | 1.06 | 0.76 | 0.86 |
EPS Actual | 1.15 | 1.15 | 0.99 | 1 |
Q4 EPS Estimate: 36 cents per share
Q4 Revenues Estimate: $368 million
Stock Performance
Shares of Graco are trading at $49.07. Over the last 52-week period, shares are up 66.6 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Over the past 90 days, analysts' have adjusted their estimates lower for EPS and revenues. The most common rating by analysts on Graco stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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