Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Recap: Gorman-Rupp Q3 Earnings

Author: Benzinga Insights | October 28, 2022 06:52am

Gorman-Rupp (NYSE:GRC) reported its Q3 earnings results on Friday, October 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Gorman-Rupp missed estimated earnings by 30.56%, reporting an EPS of $0.25 versus an estimate of $0.36.

Revenue was up $51.68 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 1.06% drop in the share price the next day.

Here's a look at Gorman-Rupp's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.33 0.34 0.33 0.34
EPS Actual 0.27 0.29 0.26 0.35
Revenue Estimate 98.60M 97.93M 98.28M 95.21M
Revenue Actual 119.07M 102.17M 94.16M 102.11M

To track all earnings releases for Gorman-Rupp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GRC

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist