Benzinga | Jan 28, 2022 10:22AM EST

Graco's Earnings: A Preview

Graco (NYSE:GGG) is set to give its latest quarterly earnings report on Monday, 2022-01-31. Here's what investors need to know before the announcement.

Analysts estimate that Graco will likely report an Earnings Per Share (EPS) of $0.63.

Graco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.07, which was followed by a 2.85% increase in the share price the next day.

Here's a look at Graco's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.64 0.60 0.50 0.51EPS Actual 0.57 0.62 0.58 0.61Price Change % 2.85% -2.83% -0.77% -4.91%

Stock Performance

Shares of Graco were trading at $69.82 as of January 27. Over the last 52-week period, shares are down 0.12%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here