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Graco Inc. (GGG) Wednesday reported fourth-quarter net income of $114.7 million or $0.66 per share, up 35% from $84.8 million or $0.49 per share last year.


RTTNews | Jan 25, 2021 06:07PM EST

18:07 Monday, January 25, 2021 (RTTNews.com) - Graco Inc. (GGG) Wednesday reported fourth-quarter net income of $114.7 million or $0.66 per share, up 35% from $84.8 million or $0.49 per share last year.

Adjusted earnings improved to $0.61 per share from $0.48 per share last year.

Sales for the quarter grew 14% to $470.3 million from $412.3 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.51 per share on revenues of $426.52 million.

Read the original article on RTTNews ( https://www.rttnews.com/3163100/graco-q4-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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