Maintenance and repair supplier W.W. Grainger (NYSE:GWW) will be reporting earnings this Friday. Last quarter, the company beat revenue expectations by 0.6%, with revenues at $4.55 billion, up 5.6% year on year. For this quarter, analysts expect revenue to grow 5.7% to $4.64 billion, with adjusted earnings projected at $9.95 per share. Peers like MSC Industrial saw revenue grow by 2.7%, while Fastenal reported an 11.7% increase. Investor sentiment in the maintenance and repair distributors segment has been positive, with stocks up 2.3% on average. W.W. Grainger’s stock price is currently at $958.97 with an average analyst price target of $1,043.
Read more at StockStory Communications: W.W. Grainger (GWW) Reports Q3 Results Tomorrow
