Graco (GGG) Tops Q1 EPS by 8c

Graco (NYSE: GGG) reported Q1 EPS of $0.58, $0.08 better than the analyst estimate of $0.50. Revenue for the quarter came in at $454.1 million versus the consensus estimate of $426.77 million.

Outlook:

"Improvement in our end markets and our incoming order rates bode well for continued success in the second quarter, ” said McHale. "However, we are cautious on the longer term outlook as uncertainty remains in the overall demand environment. We will continue to execute on our core growth strategies."

For earnings history and earnings-related data on Graco (GGG) click here.

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