UBS Remains Sidelined on Grainger (GWW) as U.S. and Canada Drive EPS Miss
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BMO Capital Cuts Price Target on Grainger (GWW) to $270 Following 2Q EPS Miss
July 20, 2016 10:21 AM EDTBMO Capital maintained an Outperform rating on WW Grainger (NYSE: GWW), and cut the price target to $270.00 (from $300.00), following the company's 2Q earnings report. GWW reported adjusted EPS of $2.89, 9% below expectations. Total and organic sales were in-line at +2% and -2%.
Analyst... More
UPDATE: Grainger (GWW) Misses Q2 EPS Expectations; Trims FY16 EPS Outlook Midpoint
July 19, 2016 7:31 AM EDT(Updated - July 19, 2016 7:43 AM EDT)
Grainger (NYSE: GWW) reported Q2 EPS of $2.89, $0.28 worse than the analyst estimate of $3.17. Revenue for the quarter came in at $2.56 million versus the consensus estimate of $2.58 billion.
The company also revised its 2016 sales and... More
Trading Radar for 7/19: Microsoft (MSFT), Goldman Sachs (GS), J&J (JNJ), UnitedHealth (UNH), United Air (UAL), Intuitive Surgical (ISRG) Report
July 18, 2016 2:30 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Belden (NYSE: BDC) - consensus EPS $1.26
Comerica (NYSE: CMA) - consensus EPS $0.69
Ericsson (Nasdaq: ERIC) - consensus EPS $0.12
Genuine Parts (NYSE: GPC) - consensus EPS... More
