The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Grainger's strong logistics and supply network, along with long-term supplier relationships, create a barrier to entry, ensuring continued earnings protection and high-quality performance. The company's balance sheet is robust, with a net debt to net income ratio of less than 1 and increasing interest coverage, indicating financial security. Grainger's capital allocation is impressive, with a high ROIC-WACC spread and a reliable, steadily increasing dividend, making it attractive for dividend-focused investors.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Although the revenue and EPS for W.W. Grainger (GWW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
GWW expects EPS of $38.65-$39.35 for 2024 compared with the prior stated $38.00-$39.50.
W.W. Grainger, Inc. (NYSE:GWW ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Kyle Bland - Vice President, Investor Relations Donald Macpherson - Chairman and Chief Executive Officer Deidra Merriwether - Senior Vice President and Chief Financial Officer Conference Call Participants Ryan Merkel - William Blair Jacob Levinson - Melius Research Sabrina Abrams - Bank of America David Manthey - Baird Tommy Moll - Stephens Patrick Baumann - JPMorgan Operator Greetings and welcome to W.W. Grainger Third Quarter 2024 Earnings Conference Call.
W.W. Grainger (GWW) came out with quarterly earnings of $9.87 per share, missing the Zacks Consensus Estimate of $9.98 per share. This compares to earnings of $9.43 per share a year ago.
Siemens, W.W. Grainger and SiteOne Landscape Supply have been highlighted in this Industry Outlook article.
Persistent weakness in the manufacturing sector clouds the near-term outlook for the Zacks Industrial Services industry. SIEGY, GWW and SITE are expected to navigate the challenges well.
Get a deeper insight into the potential performance of W.W. Grainger (GWW) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
GWW's third-quarter 2024 results are likely to reflect gains from upbeat segmental performances and cost-reduction actions.
W.W. Grainger (GWW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.