Graco Q1 Profit Drops

Graco Q1 Profit Rises - Quick Facts

Graco, FTC Reach Settlement On Spray Foam Equipment

Trade GGG now with

4/25/2012 7:10 PM ET

Graco Inc. (GGG: Quote) reported first-quarter net earnings of $35.4 million or $0.58 per share, compared to $37.3 million or $0.61 per share in the same quarter last year.

On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $0.62 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose 8 percent to $234.12 million from $217.68 million in the prior year quarter, while six analysts had consensus revenue estimate of $236.96 million for the quarter.

Click here to receive FREE breaking news email alerts for Graco Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 130 Articles

Editors Pick

Stocks Move Higher On Comments From Fed Officials - U.S. Commentary

Stocks have moved mostly higher over the course of the trading day on Tuesday after showing a lack of direction earlier in the session. The major averages have climbed more firmly into positive territory, offsetting the modest losses posted in the previous session. The major averages have moved roughly sideways in recent trading, hovering near their new highs for the session.

Stocks Turning In Another Lackluster Performance - U.S. Commentary

Stocks have shown a lack of direction over the course of the trading day on Tuesday after failing to sustain an early upward move. The choppy trading extends the lackluster performance that was seen throughout the previous session. The major averages are currently posting modest gains but have pulled back off their highs for the session.

Obama's Approval Rating Holding Steady Despite Scandals

While a recent series of scandals have caused headaches for the White House, the results of a Washington Post-ABC News poll released Tuesday suggest that the news has not had an impact on President Barack Obama's approval rating. The poll showed that 51 percent of Americans approve of the way Obama is handling his job as president compared to 44 percent that disapprove.