Graco's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Graco (NYSE:GGG) is expected to release its quarterly earnings report on Monday, 2024-01-29, with an estimated EPS of $0.79. Investors are looking for an earnings beat and positive guidance for future growth. Graco's stock performance has been positive over the last year, with shares up 27.02%, and past earnings beats have led to significant share price movements. The stock was trading at $84.57 as of January 25.
January 26, 2024 | 3:01 pm
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Graco (GGG) is anticipated to release its earnings report with an estimated EPS of $0.79. Past earnings beats have positively impacted the stock price, and shares have seen a 27.02% increase over the last 52 weeks.
Given Graco's history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a similar outcome if the company beats the EPS estimate again. The stock's strong performance over the past year further supports investor optimism. However, the market's reaction will heavily depend on the company's future guidance, which is a key factor for investors.
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