Investing.com - WW Grainger reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
WW Grainger announced earnings per share of $5.65 on revenue of $3.37B. Analysts polled by Investing.com anticipated EPS of $5.3 on revenue of $3.32B.
WW Grainger shares are up 5% from the beginning of the year and are trading at $433.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 22.37% year to date.
WW Grainger shares gained 0.52% in pre-market trade the report.
WW Grainger follows other major Consumer Cyclical sector earnings this month
WW Grainger's report follows an earnings beat by Tesla on Wednesday, October 20, 2021, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
General Motors had beat expectations on Wednesday with third quarter EPS of $1.52 on revenue of $26.78B, compared to forecast for EPS of $0.8615 on revenue of $30.92B.
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