Gorman-Rupp Co reports results for the quarter ended in September 30 - Earnings Summary

• Gorman-Rupp Co GRC.N reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of two analysts for the quarter was for earnings of 55 cents per share.

• Revenue rose 0.4% to $168.18 million from a year ago; analysts expected $172.40 million.

• Gorman-Rupp Co's reported EPS for the quarter was 49 cents​.

• The company reported quarterly net income of $12.92 million.

• Gorman-Rupp Co shares had fallen by 2.2% this quarter and gained 7.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the industrial machinery & equipment peer group is also "strong buy"

Wall Street's median 12-month price target for Gorman-Rupp Co is 53.00

This summary was machine generated from LSEG data October 27 at 03:41 p.m. UTC. ​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)