Graco Earnings Preview: Get Ahead of the Analysts

Graco (NYSE:GGG) will report earnings after markets close on Wednesday, April 24th. Graco Inc. supplies technology for the management of fluids in both industrial and commercial applications. The Company designs, manufactures, and markets systems to move, measure, control, dispense, and apply fluid materials. Graco’s products are used for applying paints and coatings, high-pressure cleaning of equipment, and lubricating and maintaining vehicles and other equipment.

Here is your Cheat Sheet to Graco Earnings:

Earnings Expectations: Analysts expect earnings of $0.73 per share on revenues of $271.60 million. Currently, the company’s P/E ratio stands at 22.44.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.77 to a profit $0.78. For the current year, the average estimate is a profit of $2.94, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Graco has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 817.27 579.21 744.06 895.28 1,012
Diluted EPS ($) 1.99 0.81 1.69 2.32 2.42

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 215.59 234.12 268.18 256.47 253.68
Diluted EPS ($) 0.50 0.58 0.56 0.60 0.68

Past Performance:
Graco has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)