• Graco Inc GGG.N reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of eleven analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 72 cents to 78 cents per share.

• Revenue rose 4.7% to $543.36 million from a year ago; analysts expected $561.65 million.

• Graco Inc's reported EPS for the quarter was 82 cents​.

• The company reported quarterly net income of $137.63 million.

• Graco Inc shares had fallen by 1.3% this quarter and lost 0.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for Graco Inc is $91.00, about 7.8% above its last closing price of $83.86

This summary was machine generated from LSEG data October 22 at 10:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)