Grainger Reports Results For The 2017 First Quarter
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WW Grainger (GWW) PT Lowered to $166 at RBC Capital; Reiterates Underperform
April 19, 2017 7:09 AM EDTRBC Capital lowered its price target on WW Grainger (NYSE: GWW) to $166.00 (from $209.00) while maintaining a Underperform rating. Grainger reported a 1Q17 miss & lower with 2017 EPS guidance 10% below consensus. Pressures of price transparency in an ecommerce world distributing commoditized industrial products is driving... More
Grainger (GWW) Misses Q1 EPS by 11c, Cuts FY Guidance
April 18, 2017 8:02 AM EDTGrainger (NYSE: GWW) reported Q1 EPS of $2.88, $0.11 worse than the analyst estimate of $2.99. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.56 billion.
GUIDANCE:
Grainger sees 2017 EPS of $10.00-$11.30, versus the consensus of $11.84.
sales growth of 1 to 4... More