Gorman-Rupp Reports Q2 GAAP EPS of $0.74, Exceeding Estimates but Revenue Falls Short
Gorman-Rupp (NYSE: GRC) reported second-quarter GAAP earnings per share of $0.74, which beat estimates by $0.04. However, revenue came in at $186.1 million, missing expectations by $2.79 million despite a 4% year-over-year increase driven by volume growth and price increases.
Tickers: $GRC
Topics: Earnings Revenue Growth