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Valued at a market cap of almost $51.8 billion, W.W. Grainger, Inc. (GWW) is a broad-line, business-to-business distributor of maintenance, repair, and operating (MRO) products and services. The Lake Forest, Illinois-based company’s products include material-handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, and metalworking tools. It is expected to announce its fiscalQ4 earnings results before the market opens on Friday, Jan. 31.
Prior to this event, analysts expect the industrial supply company to report a profit of $9.77 per share, up 17.3% from $8.33 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. Its earnings of $9.87 per share in the previous quarter fell short of the forecasted figure by 1.1%.