What Is In The Cards For Graco ($GGG) Q3 2024 Earnings?

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The third quarter financial results of Graco (NYSE: GGG) will be revealed on Wednesday 23rd October 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.

According to predictions from financial analysts on Wall Street, the establishment is expected to report an estimated per share $0.76 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $538.68 million during this period.

The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.76. This was a direct result of the company's total revenue, which amounted to an impressive $539.67 million during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $2.15 billion. Additionally, they are expecting the company to report profit of $2.99 per share for the fiscal year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.77 +2.7% 553.24 M -1.1%
Q1 2024 $0.65 -12.2% 492.19 M -7.1%
Q4 2023 $0.80 +9.6% 566.64 M +2.1%
Q3 2023 $0.76 +15.2% 539.67 M -1.1%
Q2 2023 $0.75 +10.3% 559.64 M +2.0%
*Growth on year-over-year basis

 

GGG has scheduled a conference call on 24th October 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.

Monday's trading saw Graco (GGG) shares hit a low of $84.61 and a high of $85.71, with a day volume of 543.60 thousand shares. The stock closed the regular trading session at $85.03, showing 1.04 percent decrease.