What to Expect from Graco

Graco (NYSE: GGG  ) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Graco's revenues will increase 16.1% and EPS will expand 25.9%.

The average estimate for revenue is $271.8 million. On the bottom line, the average EPS estimate is $0.73.

Revenue details
Last quarter, Graco recorded revenue of $253.7 million. GAAP reported sales were 18% higher than the prior-year quarter's $215.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.68. GAAP EPS of $0.69 for Q4 were 38% higher than the prior-year quarter's $0.50 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 54.7%, 40 basis points better than the prior-year quarter. Operating margin was 23.2%, 30 basis points better than the prior-year quarter. Net margin was 16.7%, 260 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.11 billion. The average EPS estimate is $2.96.

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Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Graco is hold, with an average price target of $52.14.

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