Grainger (W.W.) Inc. Q2 Income Climbs, Beats estimates

Grainger (W.W.) Inc. (GWW) announced a profit for its second quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $371 million, or $7.19 per share. This compares with $225 million, or $4.27 per share, in last year's second quarter.

Analysts on average had expected the company to earn $6.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.6% to $3.837 billion from $3.207 billion last year.

Grainger (W.W.) Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $371 Mln. vs. $225 Mln. last year.
-EPS (Q2): $7.19 vs. $4.27 last year.
-Analyst Estimate: $6.65
-Revenue (Q2): $3.837 Bln vs. $3.207 Bln last year.

Full year EPS guidance: $27.25 - $28.75
Full year revenue guidance: $15 bln - $15.2 bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT