Grainger (W.W.) Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Grainger (W.W.) Inc. (GWW) announced a profit for its third quarter that advanced from the same period last year.

The company's profit came in at $297 million, or $5.65 per share. This compares with $240 million, or $4.41 per share, in last year's third quarter.

Excluding items, Grainger (W.W.) Inc. reported adjusted earnings of $297 million or $5.65 per share for the period.

Analysts had expected the company to earn $5.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.6% to $3.37 billion from $3.02 billion last year.

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

-Earnings (Q3): $297 Mln. vs. $246 Mln. last year. -EPS (Q3): $5.65 vs. $4.52 last year. -Analysts Estimate: $5.30 -Revenue (Q3): $3.37 Bln vs. $3.02 Bln last year.

-Guidance: Full year EPS guidance: $19.00 - 20.50 Full year revenue guidance: $12.7 - 13.0 Bln