GRAINGER REPORTS RESULTS FOR THE SECOND QUARTER 2022
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Grainger (GWW) Stock Jumps on Earnings, Revenue Beat as Momentum 'Remains Real'
July 29, 2022 11:07 AM EDTGrainger (NYSE: GWW) shares rallied 6% Friday following its second-quarter earnings report in which it beat consensus estimates.
The company posted earnings of $7.19 per share, $0.55 above the analyst estimate of $6.64. At the same time, revenue was also a beat, coming in at $3.8 billion, up 19.6%, compared to the second quarter of 2021, beating the consensus estimate of $3.7 billion.
Grainger's High-Touch Solutions segment saw sales... More
Grainger (GWW) Tops Q2 EPS by 55c; Raises Outlook
July 29, 2022 8:03 AM EDTGrainger (NYSE: GWW) reported Q2 EPS of $7.19, $0.55 better than the analyst estimate of $6.64. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.7 billion.
GUIDANCE:
Grainger sees FY2022 EPS of $27.25-$28.75, versus the consensus of $26.56. Company sees daily... More
