W.W. Grainger Set to Announce Q4 Earnings on January 29
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: seekingalpha
- Earnings Announcement: W.W. Grainger is set to release its Q4 earnings on January 29 before market open, with a consensus EPS estimate of $9.46, reflecting a 2.6% year-over-year decline, which may impact investor sentiment.
- Revenue Expectations: The anticipated revenue for Q4 is $4.39 billion, representing a 4.5% year-over-year increase, indicating the company's stability in the market despite a modest growth rate.
- Historical Performance: Over the past two years, W.W. Grainger has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating a degree of reliability in its financial performance.
- Expectation Adjustments: In the last three months, EPS estimates have seen 2 upward revisions and 16 downward revisions, while revenue estimates have experienced no upward revisions and 13 downward revisions, reflecting a cautious market outlook on the company's future performance.
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Analyst Views on GWW
Wall Street analysts forecast GWW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GWW is 1039 USD with a low forecast of 975.00 USD and a high forecast of 1100 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
1 Buy
4 Hold
2 Sell
Hold
Current: 1070.010
Low
975.00
Averages
1039
High
1100
Current: 1070.010
Low
975.00
Averages
1039
High
1100
About GWW
W.W. Grainger, Inc. is a broadline distributor of maintenance, repair and operating (MRO) products serving businesses and institutions. The Company’s segments include High-Touch Solutions North America (High-Touch Solutions N.A.) and Endless Assortment. The Company's High-Touch Solutions N.A. segment provides value-added MRO solutions. This segment primarily includes the Grainger-branded businesses in the United States, Canada, Mexico and Puerto Rico. The Company’s Endless Assortment segment provides an online platform with one-stop shopping for various products. The Endless Assortment segment includes the Company’s Zoro Tools, Inc. (Zoro) and MonotaRO Co., Ltd. (MonotaRO) online channels which operate predominately in the United States and Japan. The Company’s product offering is grouped under several broad categories, including safety and security, material handling and storage, pumps and plumbing equipment, cleaning and maintenance, metalworking and hand tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
W.W. Grainger Set to Announce Q4 Earnings on January 29
- Earnings Announcement: W.W. Grainger is set to release its Q4 earnings on January 29 before market open, with a consensus EPS estimate of $9.46, reflecting a 2.6% year-over-year decline, which may impact investor sentiment.
- Revenue Expectations: The anticipated revenue for Q4 is $4.39 billion, representing a 4.5% year-over-year increase, indicating the company's stability in the market despite a modest growth rate.
- Historical Performance: Over the past two years, W.W. Grainger has beaten EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating a degree of reliability in its financial performance.
- Expectation Adjustments: In the last three months, EPS estimates have seen 2 upward revisions and 16 downward revisions, while revenue estimates have experienced no upward revisions and 13 downward revisions, reflecting a cautious market outlook on the company's future performance.
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W.W. Grainger Declares Quarterly Dividend of $2.26
- Quarterly Dividend Announcement: W.W. Grainger has declared a quarterly dividend of $2.26 per share, payable on March 1, reflecting the company's strong cash flow and profitability, which enhances investor confidence.
- Shareholder Record Date: The record date for shareholders to qualify for the dividend is February 9, indicating that investors holding shares before this date will receive the dividend, thereby promoting short-term shareholder value.
- Ex-Dividend Date: The ex-dividend date is also set for February 9, meaning investors must purchase shares before this date to be eligible for the dividend, which may influence trading activity leading up to this date and increase market liquidity.
- Market Reaction Expectations: Following the dividend announcement, market reactions to Grainger may be positive, especially given the company's high expectations and competitive pressures, as the stability of the dividend could attract more long-term investors.
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