GRAINGER REPORTS RESULTS FOR THE THIRD QUARTER 2023
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- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- Fed’s Warsh says central bank won’t tolerate high inflation
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- IBM misses Q2 targets as mainframe and software sales disappoint
- Verizon planning new round of layoffs this week - Barron’s
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- Lucid Group shares quickly cut in half on report of potential bankruptcy
- HSBC Downgrades IBM (IBM) to Reduce, 'Stretched Valuation'
Grainger (GWW) Tops Q3 EPS by 49c
October 26, 2023 8:10 AM EDTGrainger (NYSE: GWW) reported Q3 EPS of $9.43, $0.49 better than the analyst estimate of $8.94. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.22 billion.
GUIDANCE:
Grainger sees FY2023 EPS of $36.00-$36.60, versus the consensus of $36.00. Grainger sees... More
