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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.

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