W.W. Grainger (GWW) reported $4.24 billion in income for the quarter ended March 2024, representing a year-over-year enhance of three.5%. EPS of $9.62 for a similar interval compares to $9.61 a yr in the past.
The reported income represents a shock of -0.81% over the Zacks Consensus Estimate of $4.27 billion. With the consensus EPS estimate being $9.58, the EPS shock was +0.42%.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s worth efficiency extra precisely.
Right here is how W.W. Grainger carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Complete Reported Progress: 3.4% versus 4.4% estimated by 5 analysts on common.
- Internet Gross sales- Excessive-Contact Options N.A. $3.41 billion in comparison with the $3.44 billion common estimate primarily based on 4 analysts. The reported quantity represents a change of +3.4% yr over yr.
- Internet Gross sales- Different: $79 million versus $76.96 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +8.2% change.
- Internet Gross sales- Limitless Assortment: $751 million versus $762.19 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +3.7% change.
- Working earnings (losses)- Limitless Assortment: $59 million in comparison with the $56.30 million common estimate primarily based on 4 analysts.
- Working earnings (losses)- Excessive-Contact Options N.A. $610 million versus the four-analyst common estimate of $621.66 million.
View all Key Company Metrics for W.W. Grainger here>>>
Shares of W.W. Grainger have returned -6.1% over the previous month versus the Zacks S&P 500 composite’s -3% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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W.W. Grainger, Inc. (GWW) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
