25.04.2024 14:25:37 - dpa-AFX: ROUNDUP: Grainger Q1 Profit In Line; Backs Annual Outlook

WASHINGTON (dpa-AFX) - (Adds Outlook)

For the full year, W.W. Grainger, Inc. (GWW) reaffirmed its guidance.

It maintains earnings outlook of $38.00- $40.50 per share on sales of $17.2
billion - $17.7 billion.

Sixteen analysts on average polled by Thomson-Reuters expect the company to
report earnings of $39.36 a share on sales of $17.48 billion.

Q1 Results:

Grainger (W.W.) Inc. (GWW) revealed a profit for first quarter in line with the
Street estimates.

The company's earnings came in at $478 million, or $9.62 per share. This
compares with $488 million, or $9.61 per share, in last year's first quarter.

Analysts on average had expected the company to earn $9.62 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.7% to $4.24 billion from $4.09
billion last year.

Grainger (W.W.) Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $478 Mln. vs. $488 Mln. last year.
-EPS (Q1): $9.62 vs. $9.61 last year.
-Revenue (Q1): $4.24 Bln vs. $4.09 Bln last year.

-Guidance:
Full year EPS guidance: $38.00 - $40.50
Full year revenue guidance: $17.2 - $17.7 Bln



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
GRAINGER (W.W.) INC. DL 1 857498 Frankfurt 876,800 08.05.24 08:02:07 -0,200 -0,02% 0,000 0,000 876,800 877,000

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