Investing.com - WW Grainger (NYSE:GWW) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
WW Grainger announced earnings per share of $4.27 on revenue of $3.21B. Analysts polled by Investing.com anticipated EPS of $4.58 on revenue of $3.22B.
WW Grainger shares are up 12% from the beginning of the year, still down 3.88% from its 52 week high of $479.87 set on May 10. They are under-performing the S&P 500 which is up 17.65% from the start of the year.
WW Grainger shares lost 0.48% in pre-market trade following the report.
WW Grainger follows other major Industrials sector earnings this month
WW Grainger's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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