Graco Earnings: Your Sneak Peek to the Big Announcement

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Graco (NYSE:GGG) will report earnings after markets close on Wednesday, July 24th. Graco Inc. supplies technology for the management of fluids in both industrial and commercial applications. The Company designs, manufactures, and markets systems to move, measure, control, dispense, and apply fluid materials. Graco’s products are used for applying paints and coatings, high-pressure cleaning of equipment, and lubricating and maintaining vehicles and other equipment.

Here is your Cheat Sheet to Graco Earnings:

Earnings Expectations: Analysts expect earnings of $0.85 per share on revenues of $281.28 million. Currently, the company’s P/E ratio stands at 25.28.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.73 to a profit $0.79. For the current year, the average estimate is a profit of $3.22, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Graco has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 817 579 744 895 1,012
Diluted EPS ($) 1.99 0.81 1.69 2.32 2.42

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 268.18 256.47 253.68 269.05
Diluted EPS ($) 0.56 0.60 0.68 0.84

Past Performance:
Graco has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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