logo
Plus   Neg
Share
Email

Graco Inc Q4 adjusted earnings Inline With Estimates

Graco Inc (GGG) revealed earnings for its fourth quarter that rose from last year.

The company's earnings totaled $73.7 million, or $0.43 per share. This compares with $36.4 million, or $0.21 per share, in last year's fourth quarter.

Excluding items, Graco Inc reported adjusted earnings of $73.5 million or $0.43 per share for the period.

Analysts had expected the company to earn $0.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.4% to $406.4 million from $374.9 million last year.

Graco Inc earnings at a glance:

-Earnings (Q4): $73.5 Mln. vs. $59.4 Mln. last year.
-EPS (Q4): $0.43 vs. $0.34 last year.
-Analysts Estimate: $0.43
-Revenue (Q4): $406.4 Mln vs. $374.9 Mln last year.

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT