Gorman-Rupp Co expected to post earnings of 24 cents a share - Earnings Preview

The Gorman-Rupp

30/01/2024 14:41

* Gorman-Rupp Co  GRC.N   GRC  is expected to show a rise in
quarterly revenue when it reports  results on February 1
(estimated) for the period ending December 31 2023
    * The Mansfield Ohio Ohio-based  company is expected to
report a
7.4% increase in revenue to $156.779 million from $146 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Gorman-Rupp Co is for
earnings
of 24 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Gorman-Rupp
Co is
$43.50​, above​ its last closing price of $33.95. ​​​

This summary was machine generated January 30 at 14:41 GMT.  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)