Grainger reiterates 2007 earnings view, sets 2008 outlook

miércoles 14 de noviembre de 2007 19:12 CET

Nov 14 (Reuters) - W.W. Grainger Inc (GWW.N: Cotización) reiterated its earnings view of $4.85 to $4.95 per share for 2007, and gave its outlook for 2008.

The company expects 2008 revenue to grow 7 percent to 10 percent and earnings per share to be between $5.65 and $6.00.

Analysts on average were expecting earnings of $5.70 a share, before items, on revenue of $6,829.7 million for 2008, according to Reuters Estimates. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)