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Graco Inc. Message Board

  • steve_382n steve_382n Jan 27, 2014 1:18 PM Flag

    Share Price Drop Ahead of Earnings

    We have dropped about 10% in the last week going into the earnings report. Wonder if someone knows something or if it's just market weakness and caution ahead of the numbers. Guess we will see the numbers after the close today. My guess is the company will deliver numbers at least as good as they expectation.

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    • OK, so earnings came in a little weaker than expected, but still a record for any Q4. Revenues were a little better than expected and also a record for any Q4. Will be interesting to hear the cc tomorrow. Perhaps they will give a little guidance on what they expect for next year. It would also be nice to have an update on when the ITW sprayer businesses divesting will be completed.

67.85+1.16(+1.74%)Oct 2 4:01 PMEDT