W.W. Grainger: Q2 Earnings Insights

W.W. Grainger GWW reported its Q2 earnings results on Friday, July 29, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

W.W. Grainger beat estimated earnings by 8.12%, reporting an EPS of $7.19 versus an estimate of $6.65.

Revenue was up $630.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.95 which was followed by a 2.89% drop in the share price the next day.

Here's a look at W.W. Grainger's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

W.W. Grainger management provided guidance for FY 2022, expecting earnings between $27.25 and $28.75 per share.

To track all earnings releases for W.W. Grainger visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.