Gorman-Rupp Co reports results for the quarter ended in June - Earnings Summary

The Gorman-Rupp

29/07/2022 14:31

* Gorman-Rupp Co  GRC.N  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 32 cents
per share.
    * Revenue rose 28% to $119.07 million from a year ago;
analysts
expected $98.60 million. 
    * Gorman-Rupp Co's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Gorman-Rupp Co shares had risen by 9.6% this quarter and
lost 30.3% so far this year.
    * The company reported a quarterly loss of $996 thousand.
    * Wall Street's median 12-month price target for Gorman-Rupp
Co is
$44.00 
    * 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." 

This summary was machine generated from Refinitiv data July 29
at 01:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.32           0.27           Missed
 Mar. 31 2022      0.34           0.29           Missed
 Dec. 31 2021      0.33           0.34           Beat
 Sep. 30 2021      0.34           0.35           Beat