W.W. Grainger lifts guidance after Q1 beats expectations
(Il Sole 24 Ore Radiocor) - Milano, 7 mag - W.W. Grainger said its net income in the first quarter was 555 million dollars, or 11.65 dollars per share, compared to 479 million, or 9.86 per share, in the same period a year ago. Analysts expected 10.21 dollars per share.
Sales in the period rose to 4.742 billion dollars from 4.306 billion a year previous. Analysts expected 4.58 billion dollars The industrial supplies distributor lifted its earnings forecast for the full year to 44.25-46.25 dollars per share from a previous estimate of 42.25-44.75.
Sales are expected to be 19.2-19.6 billion dollars compared.
to a previous forecast of 18.7-19.1 billion.
(RADIOCOR) 07-05-26 18:52:55 (0756) 5 NNNN