24.01.2019 14:15:54
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Grainger (W.W.) Inc. Q4 adjusted earnings Beat Estimates
(RTTNews) - Grainger (W.W.) Inc. (GWW) revealed a profit for its fourth quarter that increased from the same period last year.
The company's earnings totaled $209 million, or $3.68 per share. This compares with $151 million, or $2.63 per share, in last year's fourth quarter.
Excluding items, Grainger (W.W.) Inc. reported adjusted earnings of $225 million or $3.96 per share for the period.
Analysts had expected the company to earn $3.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.9% to $2.76 billion from $2.63 billion last year.
Grainger (W.W.) Inc. earnings at a glance:
-Earnings (Q4): $225 Mln. vs. $168 Mln. last year. -EPS (Q4): $3.96 vs. $2.94 last year. -Analysts Estimate: $3.59 -Revenue (Q4): $2.76 Bln vs. $2.63 Bln last year.
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