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Gorman-Rupp (GRC) Tops Q1 Earnings Estimates

Gorman-Rupp (GRC) came out with quarterly earnings of 0.46pershare,beatingtheZacksConsensusEstimateof0.46 per share, beating the Zacks Consensus Estimate of 0.44 per share. This compares to earnings of 0.30pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof4.550.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this pump maker would post earnings of 0.45 per share when it actually produced earnings of $0.42, delivering a surprise of -6.67%. Over the last four quarters, the company h ...