Gorman-Rupp (GRC) to Release Quarterly Earnings on Thursday

Gorman-Rupp (NYSE:GRC) will issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.35 per share for the quarter.

Gorman-Rupp (NYSE:GRC) last announced its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.09. Gorman-Rupp had a return on equity of 10.47% and a net margin of 5.30%. The company had revenue of $160.57 million for the quarter, compared to analysts’ expectations of $155.88 million. During the same quarter in the prior year, the firm earned $0.11 earnings per share. On average, analysts expect Gorman-Rupp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gorman-Rupp Stock Down 0.2 %

Shares of NYSE:GRC opened at $35.96 on Tuesday. Gorman-Rupp has a 52-week low of $23.22 and a 52-week high of $40.00. The stock has a market cap of $942.67 million, a P/E ratio of 27.03, a price-to-earnings-growth ratio of 1.75 and a beta of 0.92. The business’s 50 day moving average is $37.41 and its 200 day moving average is $34.46. The company has a quick ratio of 1.31, a current ratio of 2.35 and a debt-to-equity ratio of 1.09.

Gorman-Rupp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Thursday, February 15th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.72 annualized dividend and a yield of 2.00%. Gorman-Rupp’s dividend payout ratio (DPR) is currently 54.14%.

Gorman-Rupp Company Profile

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps.