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: email@example.com