W.W. Grainger: Q3 Earnings Snapshot
LAKE FOREST, Ill. (AP) — LAKE FOREST, Ill. (AP) — W.W. Grainger Inc. (GWW) on Thursday reported third-quarter earnings of $476 million.
The Lake Forest, Illinois-based company said it had profit of $9.43 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.85 per share.
The seller of maintenance and other supplies posted revenue of $4.21 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $4.23 billion.
W.W. Grainger expects full-year earnings in the range of $36 to $36.60 per share, with revenue in the range of $16.4 billion to $16.6 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GWW at https://www.zacks.com/ap/GWW
