A Preview Of W.W. Grainger's Earnings
Portfolio Pulse from Benzinga Insights
W.W. Grainger (NYSE:GWW) is scheduled to release its quarterly earnings report on February 2, 2024, with an expected EPS of $8.06. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Shares are currently trading at $895.64, marking a 32.53% increase over the last year. Investors are optimistic but will focus on the company's guidance for future growth.
February 01, 2024 | 2:01 pm
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W.W. Grainger is expected to report an EPS of $8.06 for the upcoming quarter, with historical performance indicating potential for positive stock movement post-earnings announcement.
Given W.W. Grainger's history of surpassing EPS estimates and the subsequent positive impact on its stock price, there is a strong likelihood of a positive short-term price movement, especially if the company provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100