Zacks Investment Research
Graco Inc. (GGG) Q3 Earnings and Revenues Miss Estimates
Graco Inc. reported quarterly earnings of $0.81 per share, missing the consensus estimate of $0.82, though revenues of $586.39 million slightly missed expectations by 0.58%. The company has underperformed the S&P 500 by 13.8% year-to-date. Despite the miss, Graco maintains a Zacks Rank #2 (Buy) rating based on favorable estimate revision trends, though the Manufacturing - General Industrial industry ranks in the bottom 34% of Zacks industries.
