RTTNews | Oct 20, 2021 04:40PM EDT

16:40 Wednesday, October 20, 2021 (RTTNews.com) - Graco Inc (GGG) reported a profit for third quarter that fell from the same period last year.

The company's bottom line came in at $103.8 million, or $0.59 per share. This compares with $114.1 million, or $0.66 per share, in last year's third quarter.

Excluding items, Graco Inc reported adjusted earnings of $100.3 million or $0.59 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.8% to $486.7 million from $439.3 million last year.

Graco Inc earnings at a glance:

-Earnings (Q3): $100.3 Mln. vs. $101.8 Mln. last year.-EPS (Q3): $0.59 vs. $0.57 last year.-Analysts Estimate: $0.63-Revenue (Q3): $486.7 Mln vs. $439.3 Mln last year.

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