Gorman-Rupp (NYSE:GRC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Gorman-Rupp missed estimated earnings by 14.71%, reporting an EPS of $0.29 versus an estimate of $0.34.
Revenue was up $13.14 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 7.76% drop in the share price the next day.
Here's a look at Gorman-Rupp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.33 | 0.34 | 0.28 | |
| EPS Actual | 0.26 | 0.35 | 0.32 | 0.28 |
| Revenue Estimate | 98.28M | 95.21M | 88.39M | 87.09M |
| Revenue Actual | 94.16M | 102.11M | 93.02M | 89.03M |
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.
