Ultime notizie per Gorman-Rupp (NYSE:GRC) Azioni

Gorman-Rupp

AMEX

Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.

Gorman-Rupp Co

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Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

News

Dividends

Gorman-rupp Declared Quarterly Cash Dividend Of $0.185 Per Share, Payable December 10, 2024; The Cash Dividend Will Represent A 2.8% Rise Over Previous Quarter

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.49 per share which missed the analyst consensus estimate of $0.55 by 10.91 percent. This is a 44.12 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $168.18 million which missed the analyst consensus estimate of $172.40 million by 2.45 percent. This is a 0.43 percent increase over sales of $167.46 million the same period last year.

Earnings

Earnings Misses

Gorman-Rupp Q3 Adj $0.49 Misses $0.55 Estimate, Sales $168.18M Miss $172.40M Estimate

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.34 by 58.82 percent. The company reported quarterly sales of $169.513 million which missed the analyst consensus estimate of $176.222 million by 3.81 percent. This is a 0.88 percent decrease over sales of $171.024 million the same period last year.

Earnings Beats

Gorman-Rupp Q2 2024 Adj EPS $0.54 Beats $0.34 Estimate, Sales $169.513M Miss $176.222M Estimate

<h3>Gainers</h3>
<ul>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) shares moved upwards by 61.5% to $0.23 during Thursday's regular session. The market value of their outstanding shares is at $4.2 million. </li>
<li>P.A.M. Transportation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTSI#NASDAQ">PTSI</a>) shares moved upwards by 20.56% to $17.53. The company's market cap stands at $386.2 million. </li>
<li>Ultralife (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULBI#NASDAQ">ULBI</a>) stock rose 19.53% to $10.44. The company's market cap stands at $171.6 million. As per the press release, Q1 earnings came out today. </li>
<li>Freight Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>) stock rose 18.39% to $1.03. The company's market cap stands at $2.5 million. </li>
<li>Montana Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRJ#NASDAQ">AIRJ</a>) shares moved upwards by 14.12% to $12.04. The company's market cap stands at $648.0 million. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) stock moved upwards by 12.87% to $0.23. The company's market cap stands at $10.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hertz Global Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) shares declined by 18.3% to $4.74 during Thursday's regular session. The market value of their outstanding shares is at $1.4 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Wilhelmina International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLM#NASDAQ">WHLM</a>) stock decreased by 18.15% to $5.12. The market value of their outstanding shares is at $26.3 million. </li>
<li>Microvast Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) stock decreased by 17.18% to $0.37. The company's market cap stands at $117.5 million. </li>
<li>Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) stock declined by 14.16% to $31.3. The market value of their outstanding shares is at $820.6 million. The company's, Q1 earnings came out today. </li>
<li>Multi Ways Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) stock declined by 13.49% to $0.31. The market value of their outstanding shares is at $9.6 million. </li>
<li>Orion Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) stock declined by 13.26% to $6.91. The company's market cap stands at $224.0 million. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Gorman-Rupp shares are trading lower after the company reported worse-than-expected Q1 financial results.

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.34 by 11.76 percent. This is a 11.11 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $159.27 million which missed the analyst consensus estimate of $168.24 million by 5.33 percent. This is a 0.75 percent decrease over sales of $160.47 million the same period last year.

Gorman-Rupp Q1 Adj $0.30 Misses $0.34 Estimate, Sales $159.27M Miss $168.24M Estimate

Investors eagerly anticipate the dividend payout from Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) on February 27, 2024. With a payout of $0.20 per share and an annualized dividend yield of 3.16%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 12, 2024
<h3>Kennametal Recent Dividend Payouts</h3>
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 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-12</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.16%</td>
<td>2024-01-30</td>
<td>2024-02-13</td>
<td>2024-02-27</td>
</tr>
<tr>
<td>2023-11-06</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.53%</td>
<td>2023-10-24</td>
<td>2023-11-07</td>
<td>2023-11-21</td>
</tr>
<tr>
<td>2023-08-07</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.62%</td>
<td>2023-08-01</td>
<td>2023-08-08</td>
<td>2023-08-22</td>
</tr>
<tr>
<td>2023-05-08</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.08%</td>
<td>2023-05-01</td>
<td>2023-05-09</td>
<td>2023-05-23</td>
</tr>
<tr>
<td>2023-02-13</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.65%</td>
<td>2023-02-06</td>
<td>2023-02-14</td>
<td>2023-02-28</td>
</tr>
<tr>
<td>2022-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.04%</td>
<td>2022-10-31</td>
<td>2022-11-08</td>
<td>2022-11-22</td>
</tr>
<tr>
<td>2022-08-08</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.98%</td>
<td>2022-08-01</td>
<td>2022-08-09</td>
<td>2022-08-23</td>
</tr>
<tr>
<td>2022-05-09</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.11%</td>
<td>2022-05-02</td>
<td>2022-05-10</td>
<td>2022-05-24</td>
</tr>
<tr>
<td>2022-02-14</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.37%</td>
<td>2022-02-07</td>
<td>2022-02-15</td>
<td>2022-03-01</td>
</tr>
<tr>
<td>2021-11-08</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.01%</td>
<td>2021-11-01</td>
<td>2021-11-09</td>
<td>2021-11-23</td>
</tr>
<tr>
<td>2021-08-09</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.21%</td>
<td>2021-08-02</td>
<td>2021-08-10</td>
<td>2021-08-24</td>
</tr>
<tr>
<td>2021-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>1.99%</td>
<td>2021-05-03</td>
<td>2021-05-11</td>
<td>2021-05-25</td>
</tr>
</tbody>
</table>
In the realm of dividend yield, Kennametal reigns supreme among its industry peers, surpassing Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) with an annualized dividend yield of 1.97%.
<h3>Analyzing Kennametal Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709046312_0.png" alt="dividend chart graph" />
As you can see, from 2020 to 2023, investors observed a stable dividend per share of $0.80 throughout this period. This indicates a consistent dividend policy maintained by the company, providing stability to shareholders. Investors can rely on the company's consistent dividend payout to generate a steady income stream.
<h3>YoY Earnings Growth For Kennametal</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709046312_1.png" alt="earning chart graph" />
Investors can observe a growth in earnings for Kennametal from 2020 to 2023, as earnings per share increased from $0.81 to $1.58. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
<h3>Recap</h3>
This article delves into the recent dividend payout of Kennametal and its implications for shareholders. Presently, the company is distributing a dividend of $0.20 per share, leading to an annualized dividend yield of 3.16%.
In the realm of dividend yield, Kennametal reigns supreme among its industry peers, surpassing Gorman-Rupp with an annualized dividend yield of 1.97%.
Despite no adjustment in the dividend per share over the period of 2020 to 2023, the consistent growth in earnings per share for Kennametal indicates a sound financial status, which could enable the company to continue sharing profits with its investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Track real-time stock fluctuations for Kennametal on Benzinga.](https://www.benzinga.com/quote/Kennametal (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kmt#NYSE">KMT</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Small Cap

Enhancing Value: Kennametal Supports Investors with Growing Earnings

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported its Q4 earnings results on Friday, February 2, 2024 at 06:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Gorman-Rupp beat estimated earnings by 41.67%, reporting an EPS of $0.34 versus an estimate of $0.24.
Revenue was up $14.56 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.02 which was followed by a 2.76% increase in the share price the next day.
Here's a look at Gorman-Rupp's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.32</td>
<td>0.27</td>
<td>0.26</td>
<td>0.18</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.34</td>
<td>0.41</td>
<td>0.27</td>
<td>0.11</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>163.79M</td>
<td>146.38M</td>
<td>144.36M</td>
<td>134.79M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>167.46M</td>
<td>171.02M</td>
<td>160.47M</td>
<td>146.00M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Gorman-Rupp <a href="https://www.benzinga.com/quote/GRC/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Gorman-Rupp: Q4 Earnings Insights

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.24 by 41.67 percent. This is a 209.09 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $160.56 million which beat the analyst consensus estimate of $156.78 million by 2.41 percent. This is a 9.98 percent increase over sales of $146.00 million the same period last year.

Gorman-Rupp Q4 EPS $0.34 Beats $0.24 Estimate, Sales $160.56M Beat $156.78M Estimate

The Board of Directors of The Gorman-Rupp Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) has declared a quarterly cash dividend of&nbsp;$0.18&nbsp;per share on the common shares of the Company, payable December 8, 2023, to shareholders of record November 15, 2023. The cash dividend will represent a&nbsp;2.9%&nbsp;increase over the&nbsp;$0.175&nbsp;dividend per share paid in the previous quarter.

Gorman-Rupp Boosts Quarterly Cash Dividend by 2.9% to $0.18/Share

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.32 by 6.25 percent. This is a 36 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $167.46 million which beat the analyst consensus estimate of $163.79 million by 2.24 percent. This is a 8.88 percent increase over sales of $153.79 million the same period last year.

Gorman-Rupp Q3 Adj EPS $0.34 Beats $0.32 Estimate, Sales $167.46M Beat $163.79M Estimate

<h3>Companies Reporting Before The Bell</h3>
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&bull; Equinor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) is estimated to report earnings for its third quarter.
&bull; Standard Motor Products (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMP#NYSE">SMP</a>) is estimated to report quarterly earnings at $0.98 per share on revenue of $391.23 million.
&bull; Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $298.82 million.
&bull; Civista Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIVB#NASDAQ">CIVB</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $40.88 million.
&bull; Dana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>) is likely to report quarterly earnings at $0.13 per share on revenue of $2.69 billion.
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&bull; Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $566.22 million.
&bull; Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is expected to report quarterly earnings at $1.91 per share on revenue of $13.29 billion.
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&bull; Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is estimated to report quarterly earnings at $3.62 per share on revenue of $745.98 million.
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&bull; LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is estimated to report quarterly earnings at $2.02 per share on revenue of $10.10 billion.
&bull; Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is projected to report quarterly earnings at $2.24 per share on revenue of $83.76 billion.
&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $356.50 million.
&bull; Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is likely to report quarterly earnings at $3.33 per share on revenue of $47.79 billion.
&bull; Fortis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTS#NYSE">FTS</a>) is likely to report quarterly earnings at $0.81 per share on revenue of $2.91 billion.
&bull; Carter&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is likely to report quarterly earnings at $1.54 per share on revenue of $786.35 million.
&bull; Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) is likely to report quarterly earnings at $1.27 per share on revenue of $4.00 billion.
&bull; Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) is projected to report quarterly earnings at $4.76 per share on revenue of $38.96 billion.
&bull; Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is expected to report quarterly earnings at $7.94 per share on revenue of $13.63 billion.
&bull; CBRE Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>) is likely to report quarterly earnings at $0.67 per share on revenue of $7.42 billion.
&bull; ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is likely to report quarterly earnings at $1.50 per share on revenue of $1.13 billion.
&bull; Stanley Black &amp; Decker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) is likely to report quarterly earnings at $0.83 per share on revenue of $3.97 billion.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $749.17 million.
&bull; NatWest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) is likely to report earnings for its third quarter.
&bull; Lincoln Electric Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>) is projected to report quarterly earnings at $2.25 per share on revenue of $1.04 billion.
&bull; Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $109.35 million.
&bull; AutoNation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) is projected to report quarterly earnings at $5.49 per share on revenue of $6.72 billion.
&bull; Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is expected to report quarterly earnings at $0.80 per share on revenue of $4.82 billion.
&bull; nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $881.14 million.
&bull; Cumulus Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMLS#NASDAQ">CMLS</a>) is estimated to report quarterly loss at $0.19 per share on revenue of $207.47 million.
&bull; Oil States International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OIS#NYSE">OIS</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $189.85 million.
&bull; Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $163.79 million.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is likely to report quarterly earnings at $0.97 per share on revenue of $237.08 million.
&bull; Alliance Res Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARLP#NASDAQ">ARLP</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $667.56 million.
&bull; Virtus Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NASDAQ">VRTS</a>) is likely to report quarterly earnings at $6.21 per share on revenue of $200.57 million.
&bull; Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>) is estimated to report quarterly earnings at $0.21 per share on revenue of $166.74 million.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is expected to report quarterly earnings at $0.23 per share on revenue of $2.12 billion.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is likely to report earnings for its third quarter.
&bull; Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is projected to report quarterly earnings at $1.33 per share on revenue of $2.61 billion.
&bull; Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $2.89 billion.
&bull; PNM Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNM#NYSE">PNM</a>) is likely to report quarterly earnings at $1.34 per share on revenue of $651.91 million.
&bull; Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is estimated to report quarterly earnings at $1.61 per share on revenue of $1.04 billion.
&bull; Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $1.71 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) is projected to report quarterly loss at $0.07 per share on revenue of $5.22 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For October 27, 2023

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is set to give its latest quarterly earnings report on Friday, 2023-10-27. Here's what investors need to know before the announcement.
Analysts estimate that Gorman-Rupp will report an earnings per share (EPS) of $0.32. 
Gorman-Rupp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.14, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Gorman-Rupp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.27</td>
<td>0.26</td>
<td>0.18</td>
<td>0.36</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.41</td>
<td>0.27</td>
<td>0.11</td>
<td>0.25</td>
</tr>
<tr>
<td>Price Change %</td>
<td>10.13%</td>
<td>-2.27%</td>
<td>-3.69%</td>
<td>2.5%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1698336109_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Gorman-Rupp were trading at $29.73 as of October 25. Over the last 52-week period, shares are up 9.36%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/GRC/earnings">To track all earnings releases for Gorman-Rupp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Gorman-Rupp

The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70.</a>
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>ACCO Brands Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acco#NYSE">ACCO</a>)</h3>
<ul>
<li>ACCO Brands reported better-than-expected first-quarter adjusted EPS and sales results. &quot;I am pleased with the solid execution by our team that allowed us to exceed the top- and bottom-line expectations set in February. Our results reflect the ongoing strength of our brands and the impact of the actions we have taken to transform our business by expanding our product categories, broadening our geographic reach, bringing innovative new consumer-centric products to market and streamlining our cost structure,&quot; said Boris Elisman, Chairman and Chief Executive Officer of ACCO Brands. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/ACCO">52-week high of $7.08. </a>.</li>
<li>RSI Value: 70.74</li>
<li>ACCO Price Action: Shares of ACCO Brands fell 0.7% to close at $6.05 on Monday.</li>
</ul>
<h3>MillerKnoll, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlkn#NASDAQ">MLKN</a>)</h3>
<ul>
<li>MilleKnoll reported better-than-expected fourth-quarter financial results and issued guidance. The company&rsquo;s <a href="https://www.benzinga.com/quote/MLKN"> stock has a 52-week high </a> of $33.46.</li>
<li>RSI Value: 70.10</li>
<li>MLKN Price Action: Shares of MillerKnoll rose 0.9% to close at $19.91 on Monday.</li>
</ul>
<h3>The Greenbrier Companies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gbx#NYSE">GBX</a>)</h3>
<ul>
<li>Greenbrier Companies reported third-quarter FY23 sales growth of 30.8% year-on-year to $1.04 billion, beating the analyst consensus of $898.75 million. &quot;Our results demonstrated the early impact of operational initiatives described during our Investor Day in April,&quot; President and CEO Lorie Tekorius said. The company has a <a href="https://www.benzinga.com/quote/GBX"> 52-week high </a> of $48.21.</li>
<li>RSI Value: 71.39</li>
<li>GBX Price Action: Shares of Greenbrier rose 0.6% to close at $46.97 on Monday.</li>
</ul>
<h3>Global Industrial Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gic#NYSE">GIC</a>)</h3>
<ul>
<li>Global Industrial posted upbeat second-quarter results. Barry Litwin, Chief Executive Officer, said, &quot;We had a very productive second quarter as we continued to execute on our ACE strategy, made further investments in growth initiatives and completed the strategic acquisition of Indoff in late May.&quot; The company&rsquo;s 52-week high is $33.74.</li>
<li>RSI Value: 70.20</li>
<li>GIC Price Action: Shares of Global Industrial Company gained 4.2% to close at $33.16 on Monday.</li>
</ul>
<h3>The Gorman-Rupp Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/grc#NYSE">GRC</a>)</h3>
<ul>
<li>Gorman-Rupp Company reported better-than-expected second-quarter financial results. Scott A. King, President and CEO commented, &quot;Our strong organic sales growth of over 21% marked our eighth consecutive quarter of year-over-year double-digit increases, as we continued to see strength across the majority of our markets.&quot; The company <a href="https://www.benzinga.com/quote/GRC"> has a 52-week high </a> of $33.74.</li>
<li>RSI Value: 76.65</li>
<li>GRC Price Action: Shares of Gorman-Rupp rose 1.3% to settle at $33.50 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/08/33617215/eli-lilly-beyond-meat-and-3-stocks-to-watch-heading-into-tuesday"> Eli Lilly, Beyond Meat And 3 Stocks To Watch Heading Into Tuesday</a>

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Gorman-Rupp Company shares are trading higher after the company reported better-than-expected Q2 financial results.

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported adjusted quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.27 by 51.85 percent. This is a 51.85 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $171.00 million which beat the analyst consensus estimate of $146.38 million by 16.82 percent. This is a 43.62 percent increase over sales of $119.07 million the same period last year.

Gorman-Rupp Q2 Adj EPS $0.41 Beats $0.27 Estimate, Sales $171.00M Beat $146.38M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) is likely to report quarterly earnings at $1.58 per share on revenue of $11.32 billion.
&bull; AstraZeneca (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) is expected to report quarterly earnings at $0.95 per share on revenue of $10.96 billion.
&bull; First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $211.99 million.
&bull; Carter&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is projected to report quarterly earnings at $0.51 per share on revenue of $600.40 million.
&bull; nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is projected to report quarterly earnings at $0.68 per share on revenue of $786.75 million.
&bull; Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $1.80 billion.
&bull; Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is projected to report quarterly earnings at $2.82 per share on revenue of $3.16 billion.
&bull; Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $539.04 million.
&bull; Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $1.90 billion.
&bull; T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.58 billion.
&bull; Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is projected to report quarterly earnings at $7.66 per share on revenue of $13.85 billion.
&bull; Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is projected to report quarterly earnings at $1.25 per share on revenue of $2.50 billion.
&bull; Church &amp; Dwight Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $1.42 billion.
&bull; W.P. Carey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPC#NYSE">WPC</a>) is projected to report earnings for its second quarter.
&bull; Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is projected to report quarterly earnings at $0.75 per share on revenue of $4.67 billion.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $2.15 billion.
&bull; Centene (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) is expected to report quarterly earnings at $2.05 per share on revenue of $36.04 billion.
&bull; Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is projected to report quarterly earnings at $1.32 per share on revenue of $20.02 billion.
&bull; Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is expected to report quarterly earnings at $2.95 per share on revenue of $51.42 billion.
&bull; Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is likely to report quarterly earnings at $2.00 per share on revenue of $78.84 billion.
&bull; Newmark Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRK#NASDAQ">NMRK</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $558.87 million.
&bull; Stevanato Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STVN#NYSE">STVN</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $276.87 million.
&bull; Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is estimated to report quarterly earnings at $0.88 per share on revenue of $9.85 billion.
&bull; Costamare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMRE#NYSE">CMRE</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $256.52 million.
&bull; Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is expected to report quarterly earnings at $0.93 per share on revenue of $971.81 million.
&bull; Citizens (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIA#NYSE">CIA</a>) is expected to report quarterly earnings at $0.12 per share on revenue of $334.15 million.
&bull; Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $99.11 million.
&bull; WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is likely to report quarterly earnings at $0.08 per share on revenue of $84.63 million.
&bull; Virtus Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NASDAQ">VRTS</a>) is likely to report quarterly earnings at $5.88 per share on revenue of $197.52 million.
&bull; Capital Product Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPLP#NASDAQ">CPLP</a>) is expected to report quarterly earnings at $0.69 per share on revenue of $82.38 million.
&bull; Dana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>) is projected to report quarterly earnings at $0.17 per share on revenue of $2.74 billion.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $571.24 million.
&bull; RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) is likely to report quarterly loss at $0.01 per share on revenue of $14.73 million.
&bull; Cumulus Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMLS#NASDAQ">CMLS</a>) is likely to report quarterly loss at $0.37 per share on revenue of $208.78 million.
&bull; Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is expected to report quarterly earnings at $1.15 per share on revenue of $274.00 million.
&bull; Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is expected to report quarterly earnings at $3.27 per share on revenue of $702.61 million.
&bull; CNH Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNHI#NYSE">CNHI</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $6.44 billion.
&bull; Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) is estimated to report quarterly earnings at $0.68 per share on revenue of $116.78 million.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $80.47 million.
&bull; Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $173.59 million.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is expected to report earnings for its second quarter.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is expected to report quarterly earnings at $0.84 per share on revenue of $244.87 million.
&bull; Lazydays Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZY#NASDAQ">LAZY</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $315.17 million.
&bull; Moog Inc. Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOG#NYSE">MOG</a>) is projected to report quarterly earnings at $1.47 per share on revenue of $803.53 million.
&bull; ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is likely to report quarterly earnings at $2.05 per share on revenue of $1.11 billion.
&bull; Civista Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIVB#NASDAQ">CIVB</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $42.75 million.
&bull; Banco Itau (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITCL#NYSE">ITCL</a>) is expected to report earnings for its second quarter.
&bull; Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $146.38 million.
&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $339.16 million.
<h3>Companies Reporting After The Bell</h3>
&bull; HomeStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HMST#NASDAQ">HMST</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $56.63 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For July 28, 2023

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is set to give its latest quarterly earnings report on Friday, 2023-07-28. Here's what investors need to know before the announcement.
Analysts estimate that Gorman-Rupp will report an earnings per share (EPS) of $0.27. 
Gorman-Rupp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 2.27% drop in the share price the next day.
Here's a look at Gorman-Rupp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.26</td>
<td>0.18</td>
<td>0.36</td>
<td>0.33</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.27</td>
<td>0.11</td>
<td>0.25</td>
<td>0.27</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.27%</td>
<td>-3.69%</td>
<td>2.32%</td>
<td>-1.19%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1690473694_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Gorman-Rupp were trading at $27.99 as of July 26. Over the last 52-week period, shares are down 9.14%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/GRC/earnings">To track all earnings releases for Gorman-Rupp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.18 by 38.89 percent. This is a 57.69 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $146.00 million which beat the analyst consensus estimate of $134.79 million by 8.32 percent. This is a 55.05 percent increase over sales of $94.16 million the same period last year.

Gorman-Rupp Q4 Adj EPS $0.11 Misses $0.18 Estimate, Sales $146.00M Beat $134.79M Estimate

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The Gorman-Rupp (GRC) reported impressive financial results for the third quarter of 2024. The company increased its dividends during the quarter and maintained consistent sales growth, representing solid financial standing. So, let's analyze whether GRC is positioned for robust growth amid the ongoing water management needs. Read more to find out... The Gorman-Rupp Company (<a href="https://stocknews.com/stock/GRC/">GRC</a>) designs, manufactures, and sells pumps and related equipment for their use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilation, and air conditioning, military and other liquid-handling applications.
Through its diverse product range and presence across wide markets in the world, The Gorman-Rupp is widening its operations in the water management systems market, which is expected to experience significant growth in the future. The market is anticipated to exhibit a notable <a href="https://www.thebusinessresearchcompany.com/report/water-management-systems-global-market-report#:~:text=Water%20Management%20Systems%20Market%20Size,(CAGR)%20of%2013.2%25.">CAGR of 13.4%</a>, resulting in a market volume of $25.19 billion by 2028.
Factors including growing urbanization, increasing investments in water recycling and preservation, adoption of IoT solutions for improved efficiency, and adoption of smart water management technologies are driving the market demand. Amid these rising needs for water management solutions, GRC is well-poised to grow strongly in the coming years.
During the third quarter and nine months of 2024, the company reported impressive sales growth in the municipal market fueled primarily by domestic flood control and wastewater projects related to increased infrastructure investment, coupled with growth in computer cooling and the petroleum market driven by increased international refueling applications.
Further, demonstrating its commitment to returning value to shareholders, GRC's Board of Directors declared a quarterly cash dividend of $0.185 per share. The dividend was paid on December 10, 2024, to holders of record on November 15, 2024. The cash dividend represented a 2.8% increase from the previous quarter and the 52nd consecutive year of increased dividends to its shareholders.
Shares of GRC have surged 12.4% over the past six months and 19.9% over the past year to close its last trading session at $41.15.
Let's look at factors that could influence GRC's performance in the upcoming months.
Robust Financials
GRC's net sales increased marginally year-over-year to $168.18 million during the third quarter that ended September 30, 2024. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%20is%20the%20income,have%20been%20removed%20from%20revenue.">gross profit</a> grew 9.4% from the year-ago value to $52.66 million. The company's operating income of $23.88 million indicates an improvement of 9.2% from the prior year's quarter.
In addition, the company's non-GAAP adjusted earnings amounted to $12.92 million or $0.49 per share, reflecting growth of 43.9% and 44.1% from the previous year's quarter, respectively. Its adjusted EBITDA increased 5.1% from the year-ago value to $30.03 million.
Also, the company's cash and cash equivalents totaled $39.70 million as of September 30, 2024, compared to $30.52 million as of December 31, 2023.
Solid Historical Growth
GRC's revenue and EBITDA have grown at respective CAGRs of 21.5% and 31.8% over the past three years. The company's EBIT has increased 31.3% over the same timeframe, while its net income and EPA have improved at CAGRs of 8.2% and 8%, respectively.
Furthermore, the company's total assets and levered free cash flow have increased at respective CAGRs of 27.9% and 19.4% over the past three years.
Favorable Analyst Estimates
Analysts expect GRC's revenue for the fourth quarter (ending December 2024) to increase 1.4% year-over-year to $162.84 million. The consensus EPS estimate of $0.45 for the ongoing quarter reflects a 32.4% year-over-year improvement. For the fiscal year ending December 2024, its revenue and EPS are expected to grow marginally and 29.9% year-over-year to $659.80 million and $1.78, respectively.
Additionally, Street expects the company's revenue and EPS for the fiscal year 2025 to increase 3.6% and 11.2% year-over-year to $683.56 million and $1.98, respectively.
High Profitability
GRC's trailing-12-month EBIT margin and levered FCF margin of 13.55% and 10.45% are 32.1% and 56.7% higher than the respective industry averages of 10.26% and 6.67%, respectively. Its trailing-12-month ROTC of 7.39% is considerably higher than the industry average of 7.08%.
POWR Ratings Reflect Promise
GRC's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, translating to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. GRC has an A grade for Sentiment, which is consistent with its optimistic analyst estimates. It has a B grade for Value, which is in sync with the lower valuation.
In addition, with a five-year beta of 0.92, the stock has earned a grade of B for Stability.
GRC is ranked #6 in the 79-stock A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry.
Beyond what I have stated above, we have also given GRC grades for Growth, Momentum, and Quality. <a href="https://stocknews.com/stock/GRC/">Click here</a> to access all the GRC ratings.
Bottom Line
GRC is a leading pump and pump systems manufacturer and seller. The company delivered strong financial results in the last reported quarter, showcasing impressive sales growth due to growing flood control and wastewater projects and improved gross margin. Further, the current environmental concerns have impacted the awareness and consciousness among people, resulting in demand for water management solutions.
Given the company's solid financial performance, accelerating profitability, and lower valuation, investors could consider investing in this stock.
How Does The Gorman-Rupp Company (GRC) Stack Up Against Its Peers?
While GRC has an overall POWR Rating of A, investors could also check out these other stocks within the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry with A (Strong Buy) or B (Buy) ratings: Amada Co. Ltd. ADR (<a href="https://stocknews.com/stock/AMDLY/">AMDLY</a>), TechnoPro Holdings Inc. ADR (<a href="https://stocknews.com/stock/TCCPY/">TCCPY</a>), and Smiths Group PLC (<a href="https://stocknews.com/stock/SMGZY/">SMGZY</a>).
For exploring more A and B-rated industrial stocks, <a href="https://stocknews.com/category/industrial-machinery/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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GRC shares . Year-to-date, GRC has gained 12.23%, versus a 24.51% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/grc-amdly-tccpy-smgzy-is-gorman-rupps-focus-on-water-infrastructure-a-long-term-investment-opportunity/>Is Gorman-Rupp's Focus on Water Infrastructure a Long-Term Investment Opportunity?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is Gorman-Rupp's Focus on Water Infrastructure a Long-Term Investment Opportunity?

The Dividend Champions have raised their dividends for at least 25 years in a row. As a result, they are the best candidates for investors looking to get raises for doing nothing.

Top 10 Dividend Champions

The industrial industry is set for growth due to transformative government investments and the adoption of advanced technologies. Hence, investors might consider adding industrial stocks, such as The Gorman-Rupp (GRC), Franklin Electric Co (FELE), and TE Connectivity (TEL). Read more… The industrial sector is poised to benefit significantly from the ongoing manufacturing resurgence, driven by factors like reshoring, increased investments in automation, and technological advancements. Given this backdrop, it could be wise to add fundamentally strong industrial stocks, such as The Gorman-Rupp Company (<a href="https://stocknews.com/stock/GRC/">GRC</a>), Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>), and TE Connectivity plc (<a href="https://stocknews.com/stock/TEL/">TEL</a>).
The rising emphasis on adopting industry 4.0 solutions and services that help in using modern technology in everyday manufacturing is estimated to favor the growth of the global smart manufacturing market. The smart manufacturing market is estimated to grow at a <a href="https://www.researchnester.com/reports/smart-manufacturing-market/4975">CAGR of 21.3%</a> by 2037.
Moreover, major infrastructure spending programs, like the <a href="https://www.eesi.org/articles/view/tracking-transportation-investments-in-the-infrastructure-investment-and-jobs-act-and-inflation-reduction-act">U.S. Infrastructure Investment and Jobs Act</a> and the Inflation Reduction Act, are driving industrial expansion.
Additionally, the U.S. manufacturing sector <a href="https://www.commerce.gov/news/blog/2024/10/manufacturing-booms-thanks-biden-harris-administration-investments">contributes $2.65 trillion to the U.S. economy</a>, employs nearly 13 million American workers, and accounts for 10.3 percent of the nation's GDP. This further bolsters the outlook for the industrial stocks.
So, let us dive deep into the fundamentals of three industrial stocks, starting with #3.
Stock #3: The Gorman-Rupp Company (<a href="https://stocknews.com/stock/GRC/">GRC</a>)
GRC designs, manufactures, and sells pumps and related equipment for their use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire suppression, heating, ventilation, air conditioning, military, and other liquid-handling applications.
The stock's trailing-12-month EBITDA margin of 17.85% is 27.7% higher than the industry average of 13.98%. Similarly, its 13.55% trailing-12-month EBIT margin is 29.3% above the industry average of 10.48%. 
GRC's net sales increased marginally year-over-year to $168.18 million during the third quarter that ended September 30, 2024. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> grew 9.4% from the year-ago value to $52.66 million. The company's operating income of $23.88 million indicates an improvement of 9.2% from the prior year's quarter.
In addition, the company's non-GAAP adjusted earnings amounted to $12.92 million or $0.49 per share, reflecting growth of 43.9% and 44.1% from the previous year's quarter, respectively. Its adjusted EBITDA increased 5.1% from the year-ago value to $30.03 million.
Street expects GRC's revenue and EPS for the fiscal fourth quarter (ending December 2024) to increase 1.4% and 32.4% year-over-year to $162.84 million and $0.45, respectively.
The stock has gained 7.3% over the past year to close the last trading session at $38.50.
GRC's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
GRC has an A grade for Sentiment and a B for Momentum, Value, and Stability. It is ranked #5 out of 79 stocks in the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry. <a href="https://stocknews.com/stock/GRC/">Click here</a> to access the other GRC ratings for Growth and Quality.
Stock #2: Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>)
FELE designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments.
The stock's trailing-12-month EBITDA margin of 15.29% is 9.4% higher than the industry average of 13.98%. Similarly, its 9.22% trailing-12-month net income margin is 40.9% above the industry average of 6.55%.
FELE's net sales for the third quarter (ended September 30, 2024) amounted to $531.44 million. It reported a gross profit of $189.66 million, indicating a 3.4% growth from the prior year's quarter. The company's attributable net income came in at $54.59 million, and its EPS stood at $1.17.
Analysts expect FELE's revenue for the first quarter (ending March 2025) to grow 4.3% year-over-year to $480.66 million. The consensus EPS estimate of $0.81 for the same period indicates an increase of 16.3% year-over-year.
The stock has gained 1.2% over the past year to close the last trading session at $97.85.
FELE's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
FELE has a B grade for Quality, Momentum, Growth, and Stability. It is ranked #4 out of 35 stocks in the same industry.
In addition to the POWR Ratings we've stated above, we also have FELE ratings for Value and Sentiment. Get all FELE ratings <a href="https://stocknews.com/stock/FELE/">here</a>.
Stock #1: TE Connectivity plc (<a href="https://stocknews.com/stock/TEL/">TEL</a>)
Based in Ballybrit, Ireland, TEL manufactures and sells connectivity and sensor solutions. The company has three segments: Transportation Solutions; Industrial Solutions; and Communications Solutions. It offers antennas, application tooling, cable assemblies, connectors, energy and power, fiber optics, heat shrink tubing, and more.
The stock's trailing-12-month EBIT margin of 18.53% is 243.9% higher than the industry average of 5.39%. Similarly, its 10.95% trailing-12-month ROTC is 251.1% above the industry average of 3.12%.
For the fiscal 2024 fourth quarter that ended September 27, TEL's net sales increased marginally year-over-year to $4.07 billion. Its adjusted operating income grew 8% from the year-ago value to $755 million.
The company's adjusted income from continuing operations increased by 5.5%, reaching $595 million, while adjusted EPS from continuing operations rose 9.6% to $1.95 compared to the same quarter last year.
Street expects TEL's revenue and EPS for the fiscal 2025 first quarter ending December 2024 to increase 2.1% and 2.6% year-over-year to $3.91 billion and $1.89, respectively. Moreover, the company topped the consensus EPS estimates in all four trailing quarters.
Shares of TEL have surged 2.2% over the past month, closing the last trading session at $144.11.
TEL's POWR Ratings reflect its bright outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. 
TEL has a B grade for Value, Stability, Quality, and Sentiment. It is ranked #2 in the same industry. <a href="https://stocknews.com/stock/TEL/">Click here</a> to see the additional ratings for TEL (Growth and Momentum).
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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TEL shares were trading at $145.50 per share on Tuesday afternoon, up $1.39 (+0.96%). Year-to-date, TEL has gained 5.34%, versus a 27.70% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/tel-grc-fele-3-industrial-stocks-gaining-from-manufacturing-resurgence/>3 Industrial Stocks Gaining from Manufacturing Resurgence</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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