Graham Corp reports results for the quarter ended in January - Earnings Summary

Graham

07/08/2024 14:52

* Graham Corp  GHM.N  reported quarterly adjusted earnings
of 33
cents​​ per share for the quarter ended in January, identical to
the same quarter last year.  The mean expectation of
two analysts for the quarter was for earnings of 16 cents per
share. Wall Street expected results to range from 13 cents to 18
cents per share.
    * Revenue rose 4.9% to $49.95 million from a year ago;
analysts
expected $50.10 million. 
    * Graham Corp's reported EPS for the quarter was 27 cents​.
    * The company reported quarterly net income of $2.97
million.
    * Graham Corp shares had risen by 3.1% this quarter and
gained 53.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 121.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Graham Corp is
$35.75 
This summary was machine generated from LSEG data August 7 at
01:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.16           0.33           Beat
 Mar. 31 2024      0.04           0.15           Beat
 Dec. 31 2023      -0.03          0.02           Beat
 Sep. 30 2023      -0.04          0.04           Beat