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Compared to Estimates, Graco (GGG) Q1 Earnings: A Look at Key Metrics
GGGGraco(GGG) Zacks Investment Research·2024-04-25 00:36

For the quarter ended March 2024, Graco Inc. (GGG) reported revenue of 492.19million,down7.1492.19 million, down 7.1% over the same period last year. EPS came in at 0.65, compared to 0.74intheyearagoquarter.Thereportedrevenuerepresentsasurpriseof8.350.74 in the year-ago quarter.The reported revenue represents a surprise of -8.35% over the Zacks Consensus Estimate of 537.01 million. With the consensus EPS estimate being $0.74, the EPS surprise was -12.16%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...