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

Graham

07/06/2024 14:31

* Graham Corp  GHM.N  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -5
cents.  The lone analyst forecast for the quarter was
for earnings of 4 cents per share. 
    * Revenue rose 14% to $49.07 million from a year ago;
analysts
expected $44.50 million. 
    * Graham Corp's reported EPS for the quarter was 12 cents​.
    * The company reported quarterly net income of $1.34
million.
    * Graham Corp shares had fallen by 4.5% this quarter and
gained 37.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 166.7%
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 1 "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
$30.00 
This summary was machine generated from LSEG data June 7 at
01:31 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
 Mar. 31 2024      0.04           0.15           Beat
 Dec. 31 2023      -0.03          0.02           Beat
 Sep. 30 2023      -0.04          0.04           Beat
 Jun. 30 2023      -0.04          0.33           Beat