For the last five quarters, WW Grainger (GWW) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Wednesday, July 18, 2012.

Expectations

Analysts currently expect WW Grainger to come in with earnings of $2.63 per share on revenues of $2.27 billion. Analysts gave estimates ranging from $2.57 per share to $2.74 per share. Over the past three months, the average estimate has moved up from $2.61.

Last Quarter's Results

In the first quarter, profit rose 18.7% to $187.5 million ($2.57 a share) from $157.9 million ($2.18 a share) the year earlier, exceeding analyst expectations. Revenue rose 16.4% to $2.19 billion from $1.88 billion.

Stock Ratings

Analysts think investors should stand pat on WW Grainger with seven of 12 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

The stock fell $18.16 per share between May 3, 2012 and June 4, 2012. Looking at change over the last three months, April 18, 2012 and July 13, 2012, the stock price fell $26.99 (-12.5%), from $216.75 to $189.76.

Company Fundamental Trends

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 13.4% over the last four quarters. The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 21.1% in the third quarter of the last fiscal year and 12.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Summary

Reporting Period: 2Q

Date of Release: Wednesday, July 18, 2012 before market open

EPS: $2.63

Revenue Estimate: $2.27 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)