W.W. Grainger: Q2 Earnings Snapshot – mySA

LAKE FOREST, Ill. (AP) _ W.W. Grainger Inc. (GWW) on Friday reported second-quarter earnings of $371 million.

On a per-share basis, the Lake Forest, Illinois-based company said it had net income of $7.19.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $6.72 per share.

The seller of maintenance and other supplies posted revenue of $3.84 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $3.72 billion.

W.W. Grainger expects full-year earnings to be $27.25 to $28.75 per share, with revenue in the range of $15 billion to $15.2 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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