Recap: Gorman-Rupp Q3 Earnings - Gorman-Rupp (NYSE:GRC)

Gorman-Rupp 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.

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.

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.