Gorman-Rupp Co expected to post earnings of 35 cents a share - Earnings Preview

The Gorman-Rupp

29/10/2021 18:00

* Gorman-Rupp Co  GRC.N   GRC  is expected to show a rise in
quarterly revenue when it reports results on October 29. 
* The Mansfield Ohio, Ohio-based company is expected to report 
a 13.1% increase in revenue to $93.297 million from $82.5
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Gorman-Rupp Co is for
earnings of 35 cents per share. For the same quarter last year,
the company reported earnings of 26 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* 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 $46​, about 11.6% above​ its last closing price
of $40.66. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Sep. 30 2021  0.34        0.34       0.35      Beat    2.9
 Jun. 30 2021              0.29       0.32      Beat    10.3
 Mar. 31 2021  0.28        0.28       0.28      Met     0​
 Dec. 31 2020  0.30        0.30       0.26      Missed  -13.3
 Sep.          0.28​       0.28       0.31      Beat    10.7​
 30​ 2020​                                              
 Jun. 30 2020  0.19        0.19       0.28      Beat    47.4​
 Mar. 31 2020              0.34       0.25      Missed  -26.5
 Dec. 31 2019  0.34        0.34       0.32      Missed  -5.9
 This summary was machine generated October 29 at 17:00 GMT.  All
figures in US dollars unless otherwise stated