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Grainger Reports Results for 3Q 2021

Grainger Reports Results for 3Q 2021

LAKE FOREST, Ill. (AP) _ W.W. Grainger Inc. (GWW) on Friday reported third-quarter earnings of $297 million.

The Lake Forest, Illinois-based company said it had net income of $5.65 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.31 per share.

Click here to read the full report.

The seller of maintenance and other supplies posted revenue of $3.37 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $3.33 billion.

W.W. Grainger expects full-year earnings to be $19 to $20.50 per share, with revenue in the range of $12.7 billion to $13 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GWW at https://www.zacks.com/ap/GWW

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