Graco (NYSE:GGG) will report earnings after market close, with analysts expecting revenue to grow 6.7% year on year to $590.2 million and adjusted earnings of $0.79 per share. Analysts have reconfirmed estimates, anticipating a steady performance. Peers in industrial machinery segment like GE Aerospace and Worthington have reported results, with GE Aerospace seeing 21.2% revenue growth and Worthington reporting flat revenue. Positive sentiment in the segment has lifted share prices by 5.9% on average over the last month. Graco’s stock price remains unchanged, with an average analyst price target of $91.15.

Read more at StockStory: Graco (GGG) Q2 Earnings Report Preview: What To Look For