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Graco Q2 2023 Earnings Report

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$85.26 +0.24 (+0.28%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Graco EPS Results

Actual EPS
$0.75
Consensus EPS
$0.78
Beat/Miss
Missed by -$0.03
One Year Ago EPS
$0.68

Graco Revenue Results

Actual Revenue
$559.60 million
Expected Revenue
$576.14 million
Beat/Miss
Missed by -$16.54 million
YoY Revenue Growth
+2.00%

Graco Announcement Details

Quarter
Q2 2023
Time
After Market Closes

GGG Upcoming Earnings

Graco will be holding an earnings conference call on Tuesday, January 28 at 11:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Graco Earnings Headlines

Graco (GGG) Expected to Announce Earnings on Monday
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Graco (NYSE:GGG) Is Increasing Its Dividend To $0.275
Graco price target raised to $97 from $93 at RBC Capital
See More Graco Headlines
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About Graco

Graco (NYSE:GGG) designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. The Industrial segment provides liquid finishing equipment, paint circulating and supply pumps, paint circulating advanced control systems, plural component coating proportioners, and accessories and spare parts; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also offers powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The Process segment provides pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. It sells its products through distributors, original equipment manufacturers, and home center channels, as well as to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.

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