Grainger (W.W.) Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Grainger (W.W.) Inc. (GWW) revealed a profit for its first quarter that climbed from last year.

The company's profit totaled $231.54 million, or $4.07 per share. This compares with $174.74 million, or $2.93 per share, in last year's first quarter.

Excluding items, Grainger (W.W.) Inc. reported adjusted earnings of $237.72 million or $4.18 per share for the period.

Analysts had expected the company to earn $3.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.1% to $2.77 billion from $2.54 billion last year.

Grainger (W.W.) Inc. earnings at a glance:

-Earnings (Q1): $237.72 Mln. vs. $171.59 Mln. last year. -EPS (Q1): $4.18 vs. $2.88 last year. -Analysts Estimate: $3.42 -Revenue (Q1): $2.77 Bln vs. $2.54 Bln last year.

-Guidance: Full year EPS guidance: $14.30 to $15.30