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

The Gorman-Rupp

27/10/2023 12:23

* Gorman-Rupp Co  GRC.N  reported quarterly adjusted
earnings of
34 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 8.9% to $167.46 million from a year ago;
analysts
expected $163.79 million. 
    * Gorman-Rupp Co's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gorman-Rupp Co shares had fallen by 8.6% this quarter and
gained 17.4% so far this year.
    * The company reported quarterly net income of $8.98
million.
    * Wall Street's median 12-month price target for Gorman-Rupp
Co is
$40.50 
    * 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 LSEG Refinitiv data
October 27 at 11:23 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.32           0.34           Beat
 Jun. 30 2023      0.27           0.41           Beat
 Mar. 31 2023      0.26           0.25           Missed
 Dec. 31 2022      0.18           0.11           Missed